Japan's leadership race focuses on aid for inflation-weary voters

Pledges to not raise taxes and extend subsidies risk eroding fiscal situation

20240904N Motegi

Secretary-General Toshimitsu Motegi of Japan's ruling Liberal Democratic Party announces his candidacy for party leader on Sept. 4. (Photo by Uichiro Kasai)

RYO NAKAMURA, Nikkei staff writer

TOKYO -- Candidates to succeed Prime Minister Fumio Kishida as head of Japan's ruling party are competing to show how they will lighten the economic burden on voters, but such policies could hurt the country's fiscal standing.

Weighed down by low approval ratings, Kishida chose not to run again for leader of the Liberal Democratic Party. The winner of that contest will be the nation's next prime minister.

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