Lee Hsien Loong, who has held the premiership for almost 20 years, said he will hand over power to his deputy Lawrence Wong before the next general election.
on Sunday said he will hand leadership of the ruling People’s Action Party to Deputy Prime Minister Lawrence Wong as soon as the party’s 70th anniversary in November 2024, a year before an election is due.
“I have full confidence in Lawrence and his team and there’s no reason to delay their political transition. Therefore, I intend to hand over to DPM Lawrence before the next general election,” Mr Lee said at an annual party conference. He served as Mr Lee’s principal private secretary from 2005 to 2008 and led the education and national development ministries before becoming finance minister in 2021 and deputy prime minister last year.