IN a press conference today, Prime Minister Fumio Kishida revealed he will not run for re-election, citing the need for the LDP to present itself as a changed party.
Kishida’s decision comes amid falling approval ratings, internal party conflicts, and ongoing scandals. He emphasized that rebuilding public trust is crucial for effective governance.
“Transparent and open elections and a free and vigorous debate are more important than ever. The most obvious first step, to show that the LDP will change, is for me to step aside,” stated Fumio Kishida, Prime Minister of Japan.
Kishida also highlighted the importance of public trust in politics, stating,
“I have made the heavy decision with a strong desire to move forward with political reform, because the people’s trust is what makes politics work,” Kishida added.
Kishida’s public support has been undermined by recent scandals, including the LDP’s ties to the Unification Church and issues with unreported donations from fundraising events.
His planned resignation opens the door for a leadership race within the LDP, with elections scheduled for September. The new leader will face significant challenges, including managing Japan’s economy, which is struggling with rising living costs and a weakened yen.
