Japanese Prime Minister Shigeru Ishiba said on Sunday that he is resigning from his post under pressure from his party. The pressure on him to take responsibility for defeat in the elections was increasing. In fact, after the recent defeat in the election of the Upper House, the demand for his resignation in the party started. After Ishiba’s resignation, his party will begin a contest for a new leader in the Liberal Democratic Party (LDP), who will be selected by voting in Parliament to become Prime Minister. Since the ruling coalition has lost its majority in both houses of Parliament, it is not decided that the LDP president will become the Prime Minister. However, as the leader of the fourth largest economy in the world, the possibility of the leader of the opposition party becoming Prime Minister is considered very little.
These leaders can replace Ishiba
1. Sane Takaichi (Age 64 years)
Sane Takaichi is leading the race for the post of PM. He is the leader of the ruling Liberal Democratic Party (LDP). If she is elected party president, then she Japan The first woman will become Prime Minister. She is an experienced leader of LDP and has previously been the minister of economic security and internal affairs. Last year, he competed with Ishiba for LDP leadership but lost. Sane Takiyichi is known for her conservative views, such as supporting changes in the North -War Japanese Constitution. Takiyichi Bank of Japan is also famous for opposing the interest rate and advocacy to increase spending to increase the economy.
2. Shinjiro Coizyumi (Age 44 years)
Shinjiro Koizumi is the successor of a famous political family. He is also in the race for the post of PM. If the results are in his favor, then he can become the youngest Prime Minister in modern Japan. Last year, he participated in the race for LDP leadership and introduced himself as a reformer, who could restore public confidence in the party affected by scams. Koizumi has studied from Columbia University, was an Agricultural Minister of Ishiba and was involved in an attempt to control the rising rice prices. In his cabinet only as the Minister of Environment, Koizumi advocated the removal of the nuclear reactor from Japan in 2019. That year he said that the climate policy should be “cool”, due to which he had to face criticism. However, very little information is available about his views on Bank of Japan and Cast Economic Policy.
3. Yoshimasa Hayashi (Age-64 years)
Yoshimasa Hayashi has been the Chief Cabinet Secretary of Japan since December 2023, which is also the top spokesperson of the government. He has taken over the charge of defense, foreign and agriculture ministries. Often, after the resignation or change of a minister, he is appointed as a temporary or responsibility. The fluent English -speaking Yoshimasa Hayashi has worked at Mitsui & Company, studied at Kennedy School in Harvard and was a staff of American representative Stephen Neel and Senator William Roth Junior. He participated in LDP leadership elections in 2012 and 2024 and always supported maintaining independence in Bank of Japan’s monetary policy.
4. Opposition leader- Yoshihiko Noda (age-68 years)
Former Prime Minister Yoshihiko Noda, Japan’s largest opposition group is the leader of the Constitutional Democratic Party (CDP). As Prime Minister in 2011–2012, he increased the consumption tax from 5% to 10%, which gave him the support of fiscal stiffness. Recently, in the July High House election, he demanded temporary tax deduction on food items and supported the bank of Japan’s incentive package gradually ending.
5. Opposition Leader- Eichiro Tamaki (age 56)
Yuichiro Tamaki is the co-founder of the right-wing Democratic Party for the People (DPP), which has increased rapidly in recent elections. He has been a former Finance Ministry bureaucrat. At the same time, by increasing tax deduction and tax exemption, support people increase the actual income. Tamaki supports strict rules and new nuclear plants on foreign land acquisition, strengthening defense capabilities. They advocate to be cautious in gradually eliminating the incentive package of Bank of Japan.
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