Japan firms want Suga to become next PM, tackle fiscal reform


Suga, (pic) seen as a favourite to succeed Shinzo Abe, who is stepping down due to poor health, is widely expected to win the ruling Liberal Democratic Party's (LDP) leadership election on Sept. 14. The winner is virtually assured of becoming prime minister with the LDP's parliamentary majority.

TOKYO: A majority of Japanese firms want top government spokesman Yoshihide Suga to become the next prime minister as many see no need to change the status quo on stimulus policy at least until the coronavirus crisis ends, a Reuters poll found.

Highlighting worry about snowballing public debt, however, fiscal reform topped firms' wish list for the incoming government, the poll found, underlining the difficulty to contain the virus and revive the economy while putting the fiscal house in order.

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