Singapore PM Wong keeps finance post amid economy, trade worries

Singapore PM Wong keeps finance post amid economy, trade worries Singapore PM Wong keeps finance post amid economy, trade worries

SINGAPORE — Singapore Prime Minister Lawrence Wong announced on Wednesday that he will keep the finance minister position following the general election held earlier this month, as the city-state navigates economic challenges stemming from global trade worries.

“We are operating in a changed world, with rising trade barriers, sharper competition, and greater uncertainty,” Wong said in a statement announcing new cabinet members. “We need experienced hands at the helm. So I’m keeping most of the ministers in their current roles during this critical period.”