Hayao Takaichi, who is expected to become Japan's first female prime minister, has appointed Shunichi Suzuki, the former finance minister, as the new secretary-general of the ruling party, in a move seen as an attempt to quell concerns about fiscal discipline. Takayuki Kobayashi, who previously ran against Takaichi in the party leadership election and supported her in the run-off round, has been appointed as the chairman of the Liberal Democratic Party's policy survey; Yukiko Arimura, a former f...
The Web3 Working Group of the Digital Society Promotion Headquarters of the Liberal Democratic Party of Japan held its second study meeting, focusing on the review of regulations related to cryptoassets (virtual currencies). The meeting discussed the different treatment of crypto assets and traditional securities in regulation, and explored the direction of future regulatory amendments. Participants believed that in addition to investor protection, it is also necessary to take into account the c...
At the plenary meeting of the tax system committee and tax system research committee of the Liberal Democratic Party and Komeito Party of Japan, the outline of tax reform for fiscal year 2025 (Reiwa 7 years) was finalized. Takuya Hirai, the first digital minister of the Liberal Democratic Party, visited the Financial Services Agency and presented to the Financial Services Agency...
Sanae Takaichi, Japan's minister for economic security and a leading candidate in the ruling Liberal Democratic party's presidential election, said on Saturday that the Bank of Japan should maintain ultra-low interest rates to support the fragile economic recovery. "Frankly, it's too early," she said at a news conference gathering nine candidates for the election when asked about the bank's plans to raise interest rates this year. "Interest rates should be kept low," she added, as the BoJ believ...
According to Japan's Fuji News Network, the presidential election of the Liberal Democratic Party of Japan will be held on September 27.
Japanese Prime Minister Fumio Kishida: A new image of the Liberal Democratic Party is needed in the next leadership election. I will not run for the leadership of the Liberal Democratic Party.