DPM Wong will continue as finance minister, and Mr Heng Swee Keat will remain as Deputy Prime Minister.
Minister for Trade and Industry Gan Kim Yong, DPM Lawrence Wong and DPM Heng Swee Keat at a press conference announcing the new Cabinet line-up on May 13.
“Continuity and stability are key considerations, especially as we are approaching the end of this term of government,” he said. Mr Gan will continue as Minister for Trade and Industry, a position he has filled since May 2021. At the press conference, he also said he would continue to focus on economic issues in this role.
The new line-up – announced after DPM Wong accepted President Tharman Shanmugaratnam’s invitation to form the next government – also provided confirmation that PM Lee, 72, will stay on in the Cabinet as senior minister. PM Lee will also remain chairman of the Research, Innovation and Enterprise Council.Meanwhile, two ministers of state – Ms Low Yen Ling, 49, and Mr Desmond Tan, 54 – are to be promoted to senior ministers of state.
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