Singapore’s finance minister will be promoted to deputy key minister, the govt declared on Monday, in the clearest signal but that he could turn into the metropolis-state’s future leader.

Lawrence Wong will get up his new put up with influence from June 13, Prime Minister Lee Hsien Loong said in a statement.

The 49-year-outdated was previously handed a essential part in the country’s ruling get together in April, in an initial sign of how the succession method would consider condition.

Lee, 70, is the son of Singapore’s late founding leading Lee Kuan Yew, and the future leadership adjust is seen as delicate due to the fact it marks the founding spouse and children handing electric power to a new era of ruling bash leaders.

The economic hub of 5.5 million has been ruled by the People’s Motion Get together (PAP) considering that 1959, and leadership succession is commonly a very carefully choreographed affair.

The course of action was thrown into disarray very last 12 months, when the leader-in-waiting and then-finance minister, Heng Swee Keat, gave up his declare to the position after the bash observed its assist slip in nationwide elections.

That cleared the way for Wong’s emergence.

“Mr Lawrence Wong will be promoted to deputy prime minister. He will be the performing prime minister in the absence of the prime minister,” Lee claimed in a statement.

Wong will continue as finance minister, additional Lee, who also declared cupboard modifications and other political appointments.

“The next generation leadership is having shape,” Lee stated in a individual Fb submit.

“I ask every person to give your full help to this vital transition, to steer Singapore properly out of the pandemic and into a brighter long run.”

Many ministers had been touted as prospective replacements for Lee but Wong — who took more than as finance minister in May perhaps previous calendar year, and also played a prominent role in coordinating Singapore’s combat towards Covid-19 — came out on best.

Wellbeing Minister Ong Ye Kung and Training Minister Chan Chun Sing had before been viewed as other contenders to realize success Lee.



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