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Japan PM has '3 golden years' to deal with inflation, energy, defense

Kishida gains breathing space with no scheduled elections anytime soon

Japanese Prime Minister Fumio Kishida's government largely played it safe ahead of the July 10 upper house election.   © Reuters

TOKYO -- With Japan's national election calendar now clear for the next three years, barring a snap election, Prime Minister Fumio Kishida's government has room to focus on a packed agenda that includes inflation, defense spending and social security.

The government's top priority for these "golden years" is dealing with rising prices fueled by a weak yen and the conflict in Ukraine, both of which are driving up energy costs. Though Kishida's Liberal Democratic Party easily won Sunday's upper house election, opinion polls show that voters believe the government has not done enough to tackle rising prices.

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