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- Japan's Incoming Prime Minister Shigeru Ishiba Calls Snap Election for October 27
Japan's Incoming Prime Minister Shigeru Ishiba Calls Snap Election for October 27
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Shigeru Ishiba has been elected as the leader of the Liberal Democratic Party (LDP) and is expected to call a general election for October 27, a year ahead of schedule. This decision comes after a close leadership race, with Ishiba ultimately emerging victorious. Following his approval as prime minister in parliament on Tuesday, Ishiba plans to appoint his cabinet later the same day. The snap election will determine which party controls the lower house of parliament. Japanese shares have fallen in response to the news, with a decline of over 4% in early trading on Monday.
It is important for the new government to be judged by the people as soon as possible and, if conditions allow, I hope to call a snap election, to hold a general election on October 27.
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- 7.Japan under Shigeru Ishiba