Singapore swears in its first new PM in 2 decades

Singapore swears in its first new PM in 2 decades

World

Singapore swears in its first new PM in 2 decades

Follow on
Follow us on Google News
 

SINGAPORE (Reuters) - Singapore's Lawrence Wong was sworn in on Wednesday as its first new premier in 20 years and only its fourth leader since independence, capping off a carefully calibrated power transfer aimed at ensuring continuity in the wealthy city-state.

Wong, 51, comes from among a crop of so-called "4G" leaders, a new generation of politicians that were hand-picked by the long-ruling People's Action Party (PAP) to take over the reins of the key Asian trade and financial centre.

He is the first Singaporean leader born after its independence in 1965.

Wong will retain his current position as finance minister and takes charge of a country led for two decades by Lee Hsien Loong, the 72-year-old son of Lee Kuan Yew, the founder of modern Singapore who stayed in politics until his death in 2015.

The succession has been long coming, with Lee's plans of stepping down before he turned 70 upended by the pandemic, and by a transition fumble when his anointed successor unexpectedly ruled himself out of the running, opens new tab in 2021.

Wong has pledged to lead "with humility and a deep sense of duty" towards Singapore and its 5.9 million people and devote"every ounce of my energy" to the people.

Wong rose to prominence in 2020 as co-chair of the pandemic taskforce and was named Lee's successor in April 2022 after a series of consultations between the political leadership and Wong's peers.

He was promoted to deputy prime minister and led a high-profile public consultation exercise to chart a "social compact" between the government and the people on dealing with issues like sustainability, inequality and employment.

CONTINUITY AND STABILITY

Wong made a very minor cabinet reshuffle on Monday, promoting the trade minister to become his deputy, noting that continuity and stability were key considerations. He has pledged a bigger reshuffle after an election due by next year.

Lee will remain in Wong's cabinet as senior minister, as former Singapore prime ministers have done, preserving the political clout of the long-serving Lee family.