On Thursday (January 19th), Prime Minister of New Zealand announced that she would be resigning from her post effective February 2023. 

Based on reports, she will not be seeking re-election and intends to step down no later than early February. 

The general election would be held on October 14th. 

"This summer, I had hoped to find a way to prepare for not just another year, but another term - because that is what this year requires," a visibly emotional Ardern said during the statement. "I have not been able to do that."

Her term will conclude on February 7th this year. 

Ardern said she believes the New Zealand Labour Party would win the upcoming election and added that a vote to elect the next Labour leader would be held on Sunday.