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Singapore prime minister Lee Hsien Loong to step down: A retrospective of two Decades in leadership

15-4-2024 (SINGAPORE) After nearly two decades at the helm of Singapore’s government, Prime Minister Lee Hsien Loong is set to step down on May 15, marking the conclusion of a chapter in the nation’s political history.

At 72 years old, Mr Lee’s departure comes later than initially intended, owing to the disruptions caused by the COVID-19 pandemic and a deviation from succession plans.

The trajectory towards political succession appeared to crystallise in 2018 when Deputy Prime Minister Heng Swee Keat emerged as the presumptive next Prime Minister. However, in April 2021, Mr Heng, then aged 60, withdrew from consideration for the top position, citing his age as a limiting factor.

This unforeseen development led to a period of deliberation among Singapore’s fourth-generation (4G) leaders as they deliberated over their choice for the future leader. Following a year of assessment, Finance Minister Lawrence Wong was designated as the successor and subsequently appointed Deputy Prime Minister. The 51-year-old will assume the role of Prime Minister upon Mr Lee’s departure.

The transition signifies a departure from Mr Lee’s previously stated commitment in 2012 to relinquish the Prime Ministership before reaching the age of 70.

Reflecting on Mr Lee’s tenure, it’s evident that his leadership has been marked by significant political and policy milestones. As Singapore’s third Prime Minister from 2004 to 2024, he navigated the nation through various crises and pivotal transformations.

Ahead of Mr Wong’s assumption of office, Singapore has charted a new course with the release of the Forward Singapore report, outlining a comprehensive roadmap for the nation’s future. Similarly, Mr Lee spearheaded the Economic Review Committee from 2001 to 2003, which formulated a blueprint for Singapore’s economic trajectory.

Under Mr Lee’s stewardship, Singapore underwent notable reforms to its Central Provident Fund (CPF) system, witnessed shifts in its tax regime, and transitioned decisively towards a services-based economy. Despite facing challenges such as the 2008 financial crisis and the COVID-19 pandemic, Mr Lee’s adept economic strategies propelled Singapore’s GDP from S$194 billion in 2004 to over S$600 billion last year.

However, Mr Lee’s legacy extends beyond economic accomplishments. He prioritised education, expanding pathways for learning and investing in technical education and polytechnics. Furthermore, his leadership saw Singapore evolve from aggressive economic growth towards providing comprehensive social safety nets and addressing income inequality.

Amidst the global upheaval wrought by the COVID-19 pandemic, Mr Lee’s leadership shone as Singapore’s healthcare system remained resilient and the economy weathered the storm. His adept communication during the crisis and efforts to rally citizens demonstrated his leadership acumen.

Beyond domestic challenges, Mr Lee navigated Singapore’s evolving societal landscape, addressing issues of race, religion, and social norms. The repeal of Section 377A, a colonial-era law banning gay sex, in 2022 underscored Singapore’s commitment to progress under his leadership.

Mr Lee’s journey into politics diverged from his early aspirations in mathematics. A distinguished mathematician, he excelled academically and was lauded by his peers at Cambridge University. However, he chose to forgo a career in mathematics, opting instead to serve Singapore.

Entering politics in 1984, Mr Lee quickly rose through the ranks, assuming ministerial roles before becoming Deputy Prime Minister under Emeritus Senior Minister Goh Chok Tong. His path to Prime Ministership was not without challenges, notably his battle with lymphoma in 1992, which raised uncertainties about succession plans.

In May 2004, Mr Lee was unanimously nominated by a group of ministers and endorsed by the People’s Action Party (PAP) central executive committee to assume the role of Prime Minister. His tenure has been marked by resilience, adaptability, and a commitment to Singapore’s progress.

As Mr Lee prepares to step down, he leaves behind a legacy of transformation and resilience. His leadership has shaped Singapore’s trajectory, leaving an indelible mark on the nation’s history.

The post Singapore prime Minister Lee Hsien Loong to step down: A retrospective of two Decades in leadership appeared first on THE ASEAN DAILY.



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Singapore prime minister Lee Hsien Loong to step down: A retrospective of two Decades in leadership

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