This content is not available in your region

Japanese PM Fukuda in surprise resignation

 Japanese PM Fukuda in surprise resignation
Text size Aa Aa

Japan’s unpopular Prime Minister Yasuo Fukuda has resigned in an effort to break political deadlock in his country. Fukuda’s government has suffered chronic unpopularity after a scandal involving lost pension records and concerns over a stalling economy.

Last week, ministers unveiled a series of tax cuts to ease fears of the world’s second biggest economy going into recession. Despite this, a new poll showed Fukuda’s ratings had fallen to a new low of 29 percent.

Right-leaning former-Foreign Minister Taro Aso has already emerged as a front runner to replace him for the top job. Fukuda’s surprise announcement means he becomes Japan’s second leader to resign abruptly in less than a year.