SINGAPORE, May 13 — Singapore Prime Minister Lee Hsien Loong today submitted his resignation to President Tharman Shanmugaratnam, saying he and his cabinet will resign on Wednesday, reported Xinhua.
Lee in the letter advised Tharman to invite Lawrence Wong to form the next government.
Tharman accepted Lee’s resignation and said he will appoint Wong prime minister and invite him to form the new government.
Gan Kim Yong and Heng Swee Keat will be deputy prime ministers in the new government, Wong announced at a press conference.
Gan will remain Trade and Industry Minister, and replace Wong as chairman of the Monetary Authority of Singapore.
Lee and Teo Chee Hean will be senior ministers in the new cabinet, said Wong, who will remain Finance Minister.
— Bernama
