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Wong was chosen as chief of the ruling Individuals’s Motion Get together’s (PAP) so-called fourth technology workforce, in accordance with an announcement on Thursday, paving the way in which for him to turn into prime minister.
“The plan is for Lawrence to succeed me as PM, both earlier than or after (if the PAP wins) the subsequent Normal Election. It’s due in 2025 and can absolutely be a troublesome struggle,” Lee stated in a social media submit on Saturday.
Lee, whose father Lee Kwan Yew was the island nation’s independence chief, has been prime minister since 2004.
Stability has lengthy been one in all rich Singapore’s main strengths, making it a haven for traders and companies in a area the place political upheaval is just not unusual.
Wong, 49, who helped steer the Southeast Asian city-state by way of the Covid-19 pandemic as co-chair of the federal government’s taskforce, had been tipped by analysts as a possible successor to Lee, 70.
Management succession within the nation, ruled by the PAP since its 1965 independence, is generally a rigorously deliberate affair.
However an sudden choice final 12 months by Deputy Prime Minister Heng Swee Keat to step apart as Lee’s designated successor disrupted management planning.
“I’m already 70 and I’m trying ahead to handing over to Lawrence as soon as he’s prepared,” Lee informed a information convention. He stated they might later resolve whether or not he or Wong would lead the social gathering into the subsequent basic election.
Rising from journey curbs and strict rules that made it a pandemic success story, Singapore is vying to retain and construct on its standing as a hub of worldwide commerce.
“The pandemic is just not over, we have now to get by way of it,” stated Wong when requested about main points going through the nation.
“There are appreciable financial challenges to deal with arising from the battle in Ukraine, not least the specter of greater and extra persistent inflation and weaker progress.”
He stated the nation would additionally have to look over the horizon to place itself in a extra “complicated, unstable and unpredictable world”.
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