Shigeru Ishiba, the newly elected leader of Japan’s ruling Liberal Democratic Party (LDP), will face five major challenges as he steps into the role of the country’s new prime minister. These challenges include security threats from China, LDP scandals, a lackluster economy, Japan’s aging population, and climate policy.
Security threats
Amid escalating tensions with China over military incursions and security incidents, Ishiba aims to boost Japan’s defense capabilities and propose an “Asian NATO” to counter regional threats.
LDP scandals
Pledging to restore the LDP’s reputation and call for snap elections, Ishiba seeks to address party funding scandals and regain public trust.
Lackluster economy
With sluggish growth and rising debt, Ishiba supports a cautious approach to the economy, including a possible corporate tax hike to fund defense spending.
Aging population
Focused on addressing Japan’s aging demographic, Ishiba plans to implement measures to boost birth rates, support parents, and revitalize rural regions.
Climate policy
Advocating for a shift towards renewables and decarbonization, Ishiba aims to align Japan’s energy policies with climate goals while balancing nuclear power concerns.
© 2024 AFP