Japanese Prime Minister Fumio Kishida faces a significant challenge as he initiates a major overhaul of his cabinet in response to a looming financial scandal, marking one of the gravest crises for his ruling party in decades.
Resignations of Key Figures
Chief Cabinet Secretary Hirokazu Matsuno and Industry Minister Yasutoshi Nishimura announced their resignations on Thursday, following Kishida’s announcement of his third cabinet shake-up in just 16 months.
Investigation into the LDP’s Financial Irregularities
A criminal probe has been launched into the ruling Liberal Democratic Party’s (LDP) influential faction, known as the “Abe faction,” named after late Prime Minister Shinzo Abe. The investigation is centered on allegations of receiving approximately 500 million yen ($3.5 million) in fundraising proceeds that are reportedly missing from party accounts.
Cabinet Shake-Up Details
Four ministers from the scrutinized faction, considered the largest and most powerful within the LDP, are expected to be replaced, along with several deputy ministers. Former Foreign Minister Yoshimasa Hayashi is confirmed to replace Matsuno in the crucial role responsible for coordinating government policies on behalf of the prime minister.
Public Trust Erosion and Political Fallout
The scandal has led to a sharp decline in public support for Prime Minister Kishida, with recent polls indicating a drop to around 23%, the lowest since he assumed office in October 2021. Support for the LDP has also dipped below 30% for the first time since 2012.
Uncertain Political Landscape
While Kishida is not obligated to hold an election until October 2025, the weakened opposition faces challenges in making significant inroads against the historically dominant LDP. However, the ongoing scandal has thrown the government into disarray, raising questions about Kishida’s ability to retain his position as the leader.
Future Challenges
As Kishida grapples with the fallout from the scandal and implements ministerial replacements, uncertainties loom over the government’s stability. Analysts question the duration of Kishida’s tenure, especially considering the potential for additional revelations involving other ministers.
Impact on International Engagements
Amidst the domestic turmoil, Kishida is contemplating the postponement of a planned trip to Brazil and Chile next month. Additionally, a top LDP official overseeing budget proposals has resigned, further complicating the government’s operations.
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