Ishiba declares bid to succeed Kishida as Japan’s chief By Reuters


TOKYO (Reuters) – Shigeru Ishiba, a former defence minister, mentioned on Saturday he would run within the ruling Liberal Democratic Social gathering management election on Sept 27 that can choose a successor to Prime Minister Fumio Kishida.

© Reuters. FILE PHOTO: Shigeru Ishiba, a member of Japan's ruling Liberal Democratic Party (LDP), speaks during an interview with Reuters in Tokyo, Japan, August 6, 2024. REUTERS/Makiko Yamazaki/File Photo

Kishida will step down in September, ending a three-year time period as chief of the world’s fourth-largest economic system.

In a latest interview with Reuters, Ishiba endorsed the Financial institution of Japan’s coverage of steadily elevating rates of interest, saying the normalisation of ultra-loose financial coverage might push down costs and enhance industrial competitiveness.



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