The World - News from Aug. 10, 1988

Lee Kuan Yew, Singapore’s first and only prime minister since 1965, reaffirmed that he will step down to make way for younger leaders. “I have discharged my responsibilities to provide for continuity,” Lee, who heads the ruling People’s Action Party, told a crowd of 80,000 gathered in the National Stadium to celebrate the 23rd anniversary of Singapore’s independence from Britain. Seated on his right was First Deputy Prime Minister Goh Chok Tong, who will succeed Lee. The prime minister has said previously that he will retire in September, when he reaches age 65.