Toshimitsu Motegi, LDP Secretary-General, announces bid for Japan's PM, promising economic growth without tax hikes.

Toshimitsu Motegi, Secretary-General of Japan's Liberal Democratic Party (LDP), announced his candidacy for the party's leadership, aiming to become the next Prime Minister. He promises to boost the economy without raising taxes, contrasting with outgoing Prime Minister Fumio Kishida's tax hike plans for defense spending. Motegi targets ending deflation within six months and achieving 2% nominal GDP growth in two years, while maintaining support for child-rearing and defense.

September 04, 2024
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