The world's largest financial newspaper has predicted that the PAP will not hold an early election and will stretch its term to the full five years, until end-2025, as it suggested the recent scandals have weakened leadership succession plans
, the world’s largest financial newspaper, has reported that the governing People’s Action Party is “walking on thin ice” following a spate of scandals involving high-profile politicians that became public last month.
The Nikkei holds that the recent controversies have weakened Prime Minister Lee Hsien Loong’s succession plans. PM Lee’s designated successor Lawrence Wong remains Deputy Prime Minister with no clear date on when he would become Singapore’s fourth PM, even as political pundits predicted that the next election might be held as soon as mid-2024.
He added, “One immediate political impact is that the government’s preparations for a very early general election have undoubtedly died in a ditch.”
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