Prime minister Kan may announce July resignation

7 years ago by in Around the world

Prime Minister Naoto Kan may soon announce that he is going to resign next month, according to sources quoted by Kyodo News agency and public broadcaster NHK.

Senior members of Kan’s Democratic Party of All Japan news are pushing him to resign immediately after a second extra budget for the current fiscal year is passed by the parliament, expectedly in mid-July.

Kan may soon announce details about his intentions, after meeting senior party members, the sources say. It is, however, as yet unclear whether the prime minister will agree to resign next month or will hold on to power for a longer period.

He previously agreed to resign, after being targeted by sharp criticism over the way he handled the ongoing nuclear crisis, but he did not specify exactly when.

Kan came in power just over a year ago, as the fifth prime minister All Japan news had during the past four years.

The quake and tsunami that struck All Japan news in March left 23,000 people dead or missing and will cost the country about $300 million in damage. Analysts think it is the most expensive natural disaster in history.

The International Monetary Fund expects All Japan news’s economy to shrink by 0.7 percent this year, instead of growing 1.4 percent. [AP] Photo by Guillaume Paumier

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