By Makiko Yamazaki
TOKYO (Reuters) -Candidates vying to lead Japan’s ruling party are prioritising delivering relief to households hit by inflation as a key plank of their fiscal policy, proposing measures such as tax breaks while largely avoiding detailed discussion on how to fund them.
Persistent inflation has emerged as a major source of voter frustration, contributing to the loss of a parliamentary majority by the ruling Liberal Democratic Party (LDP) and its junior coalition partner Komeito.
The next LDP leader, and likely prime minister, faces the challenge of restoring public trust by offering tangible economic support without undermining fiscal discipline.
WHAT ARE CONTENDERS’ VIEWS ON CONSUMPTION TAX CUTS?
The five contenders have so far all kept their distance from calls mad