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Singapore PM Lee Hsien Loong To Step Down

Lee Hsien Loong Lawrence Wong Singapore Lee Kuan Yew
Singapore's Prime Minister Lee Hsien Loong attends a session of the ASEAN-Japan Commemorative Summit Meeting at the Hotel Okura Tokyo in Tokyo Sunday, Dec. 17, 2023. (Kazuhiro Nogi/Pool Photo via AP)

Singapore Prime Minister Lee Hsien Loong has announced that he will be stepping down from his position on May 15 after serving for two decades. He will be handing over power to his deputy, Lawrence Wong.

Lee, aged 72, will formally recommend Wong, who currently holds the positions of deputy prime minister and finance minister, to succeed him. Wong, who has the full support of lawmakers in the ruling People's Action Party, will be sworn in at the national palace on the same day.

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