People are interested in learning more about Jacinda Ardern’s stepping down as New Zealand’s current prime minister, which has been trending on social media.

New Zealand’s current Prime Minister,

Jacinda Ardern took office in 2017. She is the leader of the Labour Party and New Zealand’s youngest Prime Minister.

She has earned a reputation as a progressive leader concerned with social and economic issues.

She has made considerable efforts, such as boosting benefits for low-income

families and launching a “Best Start” program to provide financial aid to families with newborns.

Why Is Jacinda Ardern Resigning Before the Election?

Jacinda Ardern, Prime Minister of New Zealand, announced on Thursday that she would

resign in the coming weeks to make room for a new leader, claiming a lack of energy to seek for re-election in October.

Ardern said at a press conference that her term would end on February 7,

when a new Labour prime minister would be sworn in – though “depending on the process, it might be sooner.”

“I made the decision,” said Ardern. “The best job anyone can have is leading a country, but it is also the most difficult.”

You cannot and should not complete the assignment unless you have

a full tank of gas and a little extra for unforeseen and unexpected challenges.”

She was candid about the toll the job had taken on her

and reflected on the various issues her country had faced particularly the Covid-19 epidemic.

New Zealand has among of the strictest border procedures in the world,

separating families and barring nearly all entrants for more than two years.

The 2019 Christchurch terror attack, which killed 51 people at two mosques, also defined Ardern’s leadership.

Her fast response gained international acclaim; she quickly approved gun-control legislation,

wore a headscarf to show her support for the Muslim community,

and publicly stated that she would never mention the shooter’s name again.

What You Need to Know: Who Will Take Jacinda Ardern’s Place?

Ardern’s replacement as Labour Party Leader will become Prime Minister.

As a result, the Party’s selection method for a Leader virtually selects who obtains the job.

Realistic candidates for the role will vie for the honor of being named Leader and Prime Minister.

According to Ardern, the first phase was for the caucus to choose within seven days if there was someone among their ranks who at least two-thirds thought should be a Leader.

The caucus had voted on Sunday to create this.

Someone will be elected Leader if they receive two-thirds of the 65 votes cast in Labour’s caucus (the crucial figure is 44).

If that happened, Ardern said she would resign as prime minister “shortly after” to the governor-general.

As a result, a new Prime Minister might be sworn in as early as next week.

This is Ardern’s best chance, as well as the Party’s.

However, the field appears to be wide open (Deputy Prime Minister Grant Robertson has ruled himself out,

as has Deputy Labour Leader Kelvin Davis), thus obtaining a two-thirds majority may prove tough for anyone.

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How Much Money Does Jacinda Ardern Have in 2023?

Jacinda Ardern’s net worth is estimated to be between $5 million and $10 million,

according to a report on the UK-based website The Focus.

This figure is far lower than the previously stated $25 million.

Jacinda Ardern, the Prime Minister of New Zealand, is paid $471,049 New Zealand dollars (US$281,047) per year.

In April 2020, Ardern said that she and other public-sector CEOs will

accept a 20% wage cut during the early stages of the global lockdown.

She will have earned more than NZ$2,300,000 during her tenure as Prime Minister, which began in 2017.

Ardern has also written books and been named one of the world’s most important women, all of which contribute to her net worth.