Japan's First Female PM Calls Snap Election Amid Security and Economic Shifts

Japan's Prime Minister Sanae Takaichi plans to dissolve parliament and call a national election on February 8. Her agenda includes increased spending, tax cuts, and a new security strategy to bolster Japan's defense capabilities. The election will test public support for her leadership and economic policies.

Japan's Prime Minister, Sanae Takaichi, is set to dissolve parliament on Friday, initiating a snap election scheduled for February 8. The election seeks voter support for new economic and security policies, including increased spending and tax cuts.

Takaichi aims to suspend an 8% food consumption tax for two years, a policy expected to reduce government revenue by 5 trillion yen annually. Her administration plans to use the election to strengthen her hold on the Liberal Democratic Party and its coalition. The election will also gauge public opinion on increased defense spending amid concerns over China's military activities.

The Centrist Reform Alliance, her main opponent, proposes to abolish the sales tax on food permanently. With political dynamics shifting, Takaichi's leadership faces a formidable challenge despite her current popularity.

(With inputs from agencies.)