Suga kicks off leadership race as favourite in Japan

Bloomberg

Japan’s ruling Liberal Democratic Party (LDP) officially started its campaign for a new leader, with the man all but assured to take over from Prime Minister Shinzo Abe praising the democracy that allowed his political rise.
Chief Cabinet Secretary Yoshihide Suga, who already has enough backing from the LDP’s powerful factions to win the party vote next week, formally filed for the race to replace
Abe, who’s stepping down for health reasons. Two other contenders — former Defense Minister Shigeru Ishiba and ex-Foreign Minister Fumio Kishida — also filed for the race.
Suga, who comes from a family that farmed strawberries, is set to take over from Abe in mid-September. At the first formal speeches for the three candidates, Suga pledged to continue the premier’s ultra-easy monetary policy known as “Abenomics.” Any sign of a departure from it could send the yen surging and stocks sliding, triggering a re-evaluation of the outlook for the nation.
“When I came to Tokyo more than 50 years ago, I could never have imagined where I’d be now,” Suga, 71, said.
“Even an ordinary person like me, if they work hard, can aim to be prime minister. That’s real democracy.”
He added that he wants to continue his push to reduce mobile phone rates and will seek to create a government agency for digital matters.
In contrast with his boss’s rarefied political pedigree, Suga hails from the rural northern prefecture of Akita and took a job in a cardboard box factory when he first moved to Tokyo. He worked his way through university, before starting his political career as a secretary to a politician. He was first elected to parliament in 1996.
The LDP is set to vote on its new leader on September 14 and then use its majority in parliament to elect that person as the next prime minister on September 16. Last week, the LDP opted for a party voting process that gives more power to lawmakers, favoring Suga. Five of the LDP’s seven factions have lined up behind Suga, who served as the back-room enforcer during Abe’s record-breaking run as prime minister.
The LDP vote is among 394 lawmakers and 141 representatives — three each from the country’s 47 prefectures. The factions led by Kishida, with 47 members, and Ishiba, with 19 members, are the only ones not lining up behind Suga, who also leads a non-aligned group of about a dozen lawmakers.