Fumio Kishida dissolved Thursday the Lower House of Parliament. It offers an economic stimulus plan.
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Wanting to take advantage of the dynamic according to his recent entry into office, the Japanese Prime Minister, Fumio Kishida, dissolved Thursday, October 14 the Lower House of Parliament and announced legislative legislation for October 31st. Elected on September 29th at the head of the Liberal Democratic Party (PLD, in power), he succeeded, on October 4, Yoshihide Suga. The PLD wants to enjoy the image of novelty embodied by Mr. Kishida and the improvement of the health situation, with a daily number of new cases of COVID-19 fell to 731 on October 13, compared with 1,574 on September 30, and with 65.4% of the fully vaccinated population.
Two days before the dissolution, the party unveiled a program focused on the “reconstruction of the important middle class” of Japan. Mr. Kishida talked about “Kishidanomics” – with reference to the Abenomics of former Prime Minister Shinzo ABE (2012-2020), a recovery plan mixing monetary easing, fiscal stimulus and structural reforms – through stimulus measures ” tens of thousands of billions of yen “and the promise of a” new capitalism “, providing for better distribution of wealth in a country with increasing inequalities.
The other strong ambition of the PLD is to increase defense expenditure to 2% of the GDP, breaking with the tradition of maintaining it within 1%. This doubly must, according to Sanae Takaichi, the very nationalist responsible for the policies of the PLD, “demonstrate our determination to defend life, property, territory, territorial waters, the airspace, the sovereignty and honor of the Japanese people “.
UNI Opposition Front
The Kishida Cabinet support rate at its entry into account was 55.7%, according to the Kyodo agency, far from the 66.4% of the SUGA administration in September 2020. On the merits, the Most of the measures proposed by the ruling party, such as tax benefits to businesses that increase salaries have already been implemented. The party did not accept in its program the proposal of Mr. Kishida to revise the taxation of financial products. The head of government also moderated its commitment to redistribution, explaining that Japan had to renew with growth.
The four main components of the opposition, the most important, the constitutional democratic party, and the Japanese Communist Party (PCJ), have a united front for this ballot. The PDC promotes an increase in health and education budgets, and improved public support to low-income households, while increasing the richest taxes, particular as businesses. “We will ask those who benefited from Abenomics to pay a fair share,” said PDC President Yukio Edano, with reference to Shinzo Abe’s policy and Yoshihide Suga (2020-2021) who, according to the opposition. , dug the inequalities.
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