Japan’s Prime Minister Fumio Kishida is stepping down as the leader of the ruling Liberal Democratic Party (LDP), which he believes needs a fresh start. Kishida, who is 67, will leave his position as PM after the party chooses a new leader in September.
Kishida’s popularity has dropped significantly, with approval ratings falling to 15.5%, the lowest in over a decade. His leadership has been challenged by a corruption scandal involving the LDP and problems like rising living costs and a weakening yen.
The LDP, in power almost continuously since 1955, is now facing a significant political crisis, according to BBC analysts. This crisis includes resignations of key ministers over a fundraising scandal and a criminal investigation into LDP lawmakers.
With the economy struggling and incomes stagnant, the LDP’s image needs repair as Japan prepares for the next general election in 2025.
Credit : BBC
https://www.bbc.com/news/articles/cvgd10y2n12o