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Weak yen & inflation shake Japanese PM’s position
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Blog – Shafaqna English | International Shia News & Fatwas
Shafaqna English– Sanae Takaichi, Japan’s Prime Minister, is facing an impending defeat in public opinion polls.
In effect, the decline in public support has placed the administration in a weakened position and has constrained its capacity to implement effective monetary and fiscal policies.
Opinion surveys indicate that Takaichi’s approval rating dropped to its lowest level in July since she began her premiership last year.
The persistent rise in prices, which is partly attributable to more expensive imports due to the currency’s depreciation, has significantly weakened public confidence in her government’s performance.
Rising living costs, especially in housing, transportation, and food, have increased economic pressure on middle- and lower-income groups and have intensified social discontent.