Singapore Finance Chief Bows Out as Prime Minister Successor

Finance Minister Heng Swee Keat announced his decision to step down, citing the need for a younger leader to succeed Prime Minister Lee Hsien Loong. Heng, who turned 60, expressed concerns about being too old to lead post-pandemic Singapore. Despite his strong career, his recent election performance raised questions about his popularity. The succession plan for PM Lee, who intends to step down by 2025, faces challenges. Potential successors include Chan Chun Sing, Ong Ye Kung, and Lawrence Wong.

Why did Finance Minister Heng decide to step down?

• He is moving to another country.

• He believes a younger leader is needed post-pandemic.

• He wants to focus on his family.

• He lost interest in politics.

What was a significant factor in Heng's decision to step aside as Finance Minister?

• Pressure from international organizations.

• A health issue that requires attention.

• A new job offer in the private sector.

• His age and the expected duration of the pandemic.

What was a concern raised about Heng after the last election?

• His relationship with international leaders.

• His popularity among voters.

• His ability to speak multiple languages.

• His financial management skills.

Who are the potential successors for Prime Minister Lee?

• K Shanmugam, Masagos Zulkifli, and Indranee Rajah.

• Chan Chung Sing, Ong Ye Kung, and Lawrence Wong.

• Heng Swee Keat, Tharman Shanmugaratnam, and Vivian Balakrishnan.

• Josephine Teo, Grace Fu, and Desmond Lee.

What is the expected timeline for the next elections in Singapore?

• 2023

• 2024

• 2025

• 2026