Lawrence Wong

Lawrence Wong
黄循财
Wong in 2023
4th Prime Minister of Singapore
Assumed office
15 May 2024
PresidentTharman Shanmugaratnam
DeputyGan Kim Yong
Heng Swee Keat
Preceded byLee Hsien Loong
Minister for Finance
Assumed office
15 May 2021
Prime MinisterLee Hsien Loong
Himself
Preceded byHeng Swee Keat
Ministerial offices 2012–⁠2024
Deputy Prime Minister of Singapore
In office
13 June 2022 – 15 May 2024
Serving with Heng Swee Keat
Prime MinisterLee Hsien Loong
Preceded byTharman Shanmugaratnam
Teo Chee Hean
Succeeded byGan Kim Yong
Chairman of the Monetary Authority of Singapore
In office
8 July 2023 – 15 May 2024
Prime MinisterLee Hsien Loong
Preceded byTharman Shanmugaratnam
Succeeded byGan Kim Yong
Minister for Education
In office
27 July 2020 – 14 May 2021
Preceded byOng Ye Kung
Succeeded byChan Chun Sing
Second Minister for Finance
In office
22 August 2016 – 14 May 2021
Serving with Indranee Rajah (2018–2021)
Prime MinisterLee Hsien Loong
Preceded byLim Hwee Hua
Minister for National Development
In office
1 October 2015 – 26 July 2020
Prime MinisterLee Hsien Loong
Preceded byKhaw Boon Wan
Succeeded byDesmond Lee
Second Minister for Communications and Information
In office
1 May 2014 – 30 September 2015
Prime MinisterLee Hsien Loong
Minister for Culture, Community and Youth
In office
1 May 2014 – 30 September 2015
Acting: 1 November 2012 – 30 April 2014
Prime MinisterLee Hsien Loong
Preceded byChan Chun Sing (Acting Minister of Community Development, Youth and Sports)
Succeeded byGrace Fu
Member of the Singapore Parliament
for Marsiling-Yew Tee GRC
Limbang Division
Assumed office
11 September 2015
Preceded byConstituency established
Member of the Singapore Parliament
for West Coast GRC
Boon Lay Division
In office
7 May 2011 – 24 August 2015
Preceded byHo Geok Choo
Succeeded byPatrick Tay
Personal details
Born
Lawrence Wong Shyun Tsai

(1972-12-18) 18 December 1972 (age 51)
Singapore
Political partyPeople's Action Party
SpouseLoo Tze Lui
Education
OccupationCivil servant, politician
ProfessionEconomist
Signature
Chinese name
Simplified Chinese黄循财
Traditional Chinese黃循財

Lawrence Wong Shyun Tsai[a] (born 18 December 1972) is a Singaporean politician, economist and former civil servant who has been serving as the Prime Minister of Singapore since 2024, and Minister for Finance since 2021. A member of the governing People's Action Party, he has been the Member of Parliament (MP) representing the Limbang division of Marsiling–Yew Tee GRC since 2015, and previously the Boon Lay division of West Coast GRC between 2011 and 2015. He is the first prime minister born after Singapore’s independence in 1965.[1]

Prior to entering politics, Wong worked at the Ministry of Trade and Industry (MTI), the Ministry of Finance (MOF) and the Ministry of Health (MOH). He was Principal Private Secretary to Prime Minister Lee Hsien Loong between 2005 and 2008. He also served as the chief executive officer (CEO) of the Energy Market Authority (EMA) between 2009 and 2011.[2] Wong made his political debut in the 2011 general election where he contested in West Coast GRC as part of a five-member PAP team and won. Wong subsequently contested in Marsiling–Yew Tee GRC in the 2015 general election, and retained his parliamentary seat in the 2020 general election. Prior to his appointment as Minister of Finance, Wong served as Minister for Culture, Community and Youth between 2012 and 2015, Second Minister of Communications and Information between 2014 and 2015, Minister for National Development between 2015 and 2020,[3] Second Minister of Finance between 2016 and 2021, and Minister for Education between 2020 and 2021.

Wong was also co-chair of a multi-ministerial committee set up by the government in January 2020 to manage the COVID-19 pandemic in Singapore.[4] As Minister for Finance, he has overseen the gradual increase in Goods and Services Tax (GST) which Lee's government has advocated for – 8% in 2023 and 9% in 2024, up from 7% which had been set since 2007. In April 2022, he was chosen as the leader of the PAP's fourth generation team, placing him in line as Lee's apparent successor.[5] Wong assumed the office of Deputy Prime Minister of Singapore on 13 June 2022, serving alongside Heng Swee Keat.[6] On 26 November 2022, Wong was appointed to the newly created position of Deputy Secretary-General of the PAP.[7]

On 3 July 2023, it was announced that Wong will be appointed Chairman of the Monetary Authority of Singapore (MAS) on 8 July 2023. Wong had served as Deputy Chairman of the Monetary Authority of Singapore between 2021 and 2023. He was also appointed Chairman of the Investment Strategies Committee of GIC, and Chairman of the International Advisory Council (IAC) of the Economic Development Board (EDB) on 7 July 2023, and 8 July 2023, respectively. Wong was subsequently appointed Deputy Chairman of GIC's Board of Directors on 1 October 2023. On 15 May 2024, Wong was sworn in as the fourth prime minister of Singapore.


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  1. ^ "Singapore's new prime minister vows to 'lead in our own way' as Lee dynasty ends after half-century". AP News. 15 May 2024. Retrieved 19 May 2024.
  2. ^ "MP | Parliament of Singapore". Archived from the original on 17 July 2020. Retrieved 17 July 2020.
  3. ^ Au-Yong, Rachel (29 September 2015). "Lawrence Wong to lead National Development". The Straits Times. Archived from the original on 16 August 2017. Retrieved 16 August 2017.
  4. ^ "7 ministries get new ministers in major Cabinet reshuffle". CNA. Archived from the original on 16 May 2021. Retrieved 23 April 2021.
  5. ^ "Finance Minister Lawrence Wong endorsed as leader of 4G team: PM Lee". CNA. Archived from the original on 14 April 2022. Retrieved 14 April 2022.
  6. ^ "Changes to Cabinet and Other Appointments (June 2022)". Prime Minister's Office Singapore. 6 June 2022. Archived from the original on 6 June 2022. Retrieved 6 June 2022.
  7. ^ "Lawrence Wong elected PAP deputy secretary-general in newly created role". Channel NewsAsia. 26 November 2022. Archived from the original on 26 November 2022. Retrieved 27 November 2022.

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