Lawrence Wong
Lawrence Wong | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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黄循财 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Wong in 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 4th Prime Minister of Singapore | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assumed office 15 May 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| President | Tharman Shanmugaratnam | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deputy | Gan Kim Yong | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Preceded by | Lee Hsien Loong | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minister for Finance | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assumed office 15 May 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Prime Minister | Lee Hsien Loong Himself | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Preceded by | Heng Swee Keat | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Secretary-General of the People's Action Party | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assumed office 4 December 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Chairman | Heng Swee Keat Desmond Lee | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Preceded by | Lee Hsien Loong | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deputy Prime Minister of Singapore | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In office 13 June 2022 – 14 May 2024 Serving with Heng Swee Keat | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Prime Minister | Lee Hsien Loong | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Preceded by | Tharman Shanmugaratnam Teo Chee Hean | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Succeeded by | Gan Kim Yong | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Chairman of the Monetary Authority of Singapore | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In office 8 July 2023 – 14 May 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Prime Minister | Lee Hsien Loong | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Preceded by | Tharman Shanmugaratnam | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Succeeded by | Gan Kim Yong | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Member of the Singapore Parliament | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assumed office 11 September 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Preceded by | Constituency established | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Constituency | Marsiling–Yew Tee GRC | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Majority | 51,862 (46.96%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In office 7 May 2011 – 24 August 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Preceded by | PAP held | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Succeeded by | PAP held | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Constituency | West Coast GRC | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Personal details | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Born | Lawrence Wong Shyun Tsai 18 December 1972 Singapore | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Party | People's Action Party | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Spouse | Loo Tze Lui | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Profession | Economist | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Chinese name | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Simplified Chinese | 黄循财 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Traditional Chinese | 黃循財 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Lawrence Wong Shyun Tsai (born 18 December 1972) is a Singaporean politician who has served as the fourth prime minister of Singapore since 2024 and the minister of finance since 2021. A member of the governing People's Action Party (PAP), he has been a member of Parliament (MP) for the Limbang division of Marsiling–Yew Tee Group Representation Constituency (GRC) since 2015. He had previously represented the Boon Lay division of West Coast GRC between 2011 and 2015.
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 the 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. 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 during 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 the minister of culture, community and youth between 2012 and 2015, second minister of communications and information between 2014 and 2015, minister of national development between 2015 and 2020, second minister of finance between 2016 and 2021, and minister of education between 2020 and 2021.
Wong was the co-chair of a multi-ministerial committee set up by the government in January 2020 to manage the COVID-19 pandemic. 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. Wong assumed the office of Deputy Prime Minister of Singapore on 13 June 2022, serving alongside Heng Swee Keat. On 26 November 2022, Wong was appointed to the newly created position of Deputy Secretary-General of the PAP.
Wong was previously Chairman of the Monetary Authority of Singapore (MAS) from 2023 to 2024 as well as Deputy Chairman between 2021 and 2023. He assumed Chairmanship of the Investment Strategies Committee of GIC from 7 July 2023 while he assumed Chairmanship of the International Advisory Council (IAC) of the Economic Development Board (EDB) from 8 July 2023 until his subsequent relinquishment to Gan Kim Yong on 1 June 2024. Wong was also appointed Deputy Chairman of GIC's Board of Directors on 1 October 2023. On 15 May 2024, Wong was sworn in as prime minister of Singapore, becoming the first prime minister born after the establishment of modern-day Singapore. On 4 December 2024, he was elected as the Secretary-General of People's Action Party. He led the PAP to victory with an increased share of the vote in the 2025 general election. As prime minister, Wong is the highest-paid head of government in the world.