Monday, October 25, 2021

Fumio Kishida is set to become the next Prime Minister of Japan after winning the Liberal Democratic Party election

Fumio Kishida is set to become Japan’s next prime minister after being elected leader of the country’s ruling Liberal Democratic Party (LDP) on Wednesday.

The 64-year-old, who is Japan’s former foreign minister, won 257 votes to 170, defeating Taro Kono, the country’s minister of administrative and regulatory reform and vaccination rollout. The two female contenders, Sane Takachi, 60, and Seiko Noda, 61, were eliminated after the first round.

Kono was widely considered the favorite to win the LDP leadership, especially given that he consistently topped public polling and claimed a sizable number of posts on social media.

Kishida’s victory in the leadership almost assures that he will be elected as Japan’s prime minister on Monday in parliament, where the LDP has a majority in the lower house.

In an acceptance speech, Kishida vowed to lead a “changed party” in the November 28 general election and to continue fighting the COVID-19 pandemic.

“The election of the LDP leadership is over. Let us all face the elections to the lower house and the upper house as one,” Kishida said.

“Our national crisis continues. We need to keep working hard on the coronavirus response with determination, and we need to compile a stimulus package worth ten trillion yen by the end of the year,” he said.

It is widely expected that Kishida will form a new cabinet and reshuffle the LDP executive in early October.

The LDP leader has a tough road ahead of him, given that Japan’s economy – the world’s third largest – is battered by the COVID-19 lockdown.

During his campaign, Kishida strongly criticized outgoing Prime Minister Yoshihide Suga’s handling of the CCP’s (Communist Party of China) virus pandemic as too low and too slow, and asked for 30 trillion yen ($269 billion) to combat it. Called for a stimulus package of more. global pandemic.

He has also promised to bring socio-economic activity to normalcy in Japan by the beginning of 2022, noting that a massive stimulus package must be “rapidly” compiled and includes non-permanent workers and others. Must include cash payments that will be affected by the steps to be included. flow of people.

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Kishida also said that if he becomes prime minister, he would ask the Bank of Japan to maintain its 2 percent inflation target and massive stimulus program, and that Japan would probably cut a sales tax from 10 percent to “for about a decade”. will not increase the rate. “The economy will crumble further by imposing higher levies on households.

The former foreign minister has promised to address income inequality, which is higher in Japan than in other OECD countries, and is campaigning on measures to reduce the gap between rich and poor.

Kishida will replace Suga, who announced on 3 September that he would not run for re-election to the Liberal Democratic Party (LDP) in September after nearly a year in office.

Suga, who took office after Shinzo Abe resigned last September due to ill health, told reporters, citing Japan’s response to the CCP virus, that he had a focus on COVID-19 measures as well as- There is no time to campaign together. LDP job.

Suga’s resignation came after he saw his support rating drop below 30 percent.

Kishida’s victory is unlikely to lead to a significant change in Japan’s policies, as it seeks to expand Japan’s defense and strengthen security ties with the United States and other partners, as well as maintain important economic ties with China. Shares a broad consensus on key issues such as

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Katabella Roberts is a reporter currently based in Turkey. She covers news and business for The Epoch Times, focusing primarily on the United States.

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This News Originally From – The Epoch Times

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