Singapore readies next set of leaders
Thursday, October 1, 2015
Subject
Post-election outlook for Singapore.
Significance
The September 28 cabinet reshuffle is designed to emphasise policy continuity for markets and Singaporeans. The People's Action Party's (PAP) decisive victory in the September 11 national elections halted the opposition's upwards momentum from the 2011's election. Prime Minister Lee Hsien Loong's focus now is on his legacy and succession.
Impacts
- Greater coordination of government operations and policy could see intra-government spats, potentially complicating policy implementation.
- Improving transport infrastructure, reducing foreign labour and bolstering the middle class will be government priorities.
- The opposition may need a more formal agreement, perhaps a coalition, to regain political momentum.
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