Japan’s Prime Minister Fumio Kishida says he will step down in September. Image: (Fumio Kishida shared via instagram account)
(The Post News)- The Japanese Prime Minister, Fumio Kishida, announced on Wednesday that he will not seek re-election as the leader of the ruling Liberal Democratic Party (LDP) in next month’s party polls.
Speaking at a news conference in Tokyo, Kishida cited the need for political reform and a new face to lead the party, which has been embroiled in a major scandal involving two of its most influential factions.Â
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The factions have been accused of financial irregularities, including failing to properly declare income and expenditure and allegedly rerouting political funds to lawmakers as kickbacks.
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Kashida had initially refused to resign as party leader, despite facing intense public scrutiny and plummeting approval ratings. However, he has now announced his decision to step down.
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The LDP elections are scheduled to take place in September, although the exact date has yet to be confirmed.Â
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His successor will inherit a challenging economic landscape, including soaring living costs and a weak yen, which will require decisive leadership to address.
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Kishida’s decision comes as the LDP faces intense scrutiny and public pressure to address the scandal, which has rocked the party’s foundations.
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 Despite his efforts to reform the party, Kishida’s leadership has been criticised for being too slow to act.
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Kenta Izumi, the head of the Constitutional Democratic Party, Japan’s primary opposition party, commented on Kishida’s resignation.Â
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Izumi emphasized that the underlying issues that led to Kishida’s departure persist.Â
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 Izumi took to social media platform X to state that “The problems that plagued Kishida’s leadership remain unresolved.”
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 Rintaro Nishimura noted that the race for Japan’s next president is open, and Kishida’s endorsement will be crucial. He questioned whether Kishida would back someone from his faction or another candidate and stressed the need for a fresh leader committed to reform who can navigate the political climate and face a general election despite poor poll numbers.
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