Tokyo: Japan's ruling party on Sunday extended term limits for its leaders, a change that gives Prime Minister Shinzo Abe a shot at becoming Japan's longest-serving post-war leader.
Abe would have had to step down as party leader and prime minister in September next year, even if his Liberal Democratic Party (LDP) were still in power.
The LDP congress approved extending the limit to three consecutive three-year terms, up from the previous two consecutive three-year term limit.
Abe, 62, served as prime minister for about a year before stepping down following a historic defeat in upper house elections in 2007.
He became prime minister again when the LDP returned to power in December 2012 after a three-year period in opposition.
He then launched his "Abenomics" growth plan — a mix of massive monetary easing, government spending and red-tape slashing, but five years on growth remains fragile and inflation well below the target of two percent.
"We will achieve the great goal of 600 trillion yen ($5.3 trillion) GDP... keeping a virtual cycle of growth and redistribution of wealth," he said in a speech to the congress.
The LDP also adopted a policy principle of "taking a practical step towards proposing amendments to the constitution."
The party has long sought to revise the post-war constitution that bans Japan from use of force except in the strictest sense of self-defence.
Comments
0 comment