Ishiba is likely to launch the second Cabinet... "revision of the law on slush funds."

Japanese media "Ishiba is likely to be reelected as the 103rd Prime Minister"
Ishiba To Complete Cabinet Formation Soon After Re-Election As Prime Minister
Ishiba's biggest challenge is restoring the trust of the ruling party.

[Anchor]
Prime Minister Ishiba will remain in office as the prime minister's nomination election will be held in the special parliament tomorrow, but the opposition candidates have not been unified.

Prime Minister Ishiba is expected to focus on restoring confidence and rebounding approval ratings as he seeks to re-establish laws related to the slush fund scandal, which is considered the cause of the crushing defeat in the general election.

Correspondent Kim Se-ho's report from Tokyo.

[Reporter]
Ishiba's election to nominate prime minister in a special session of the National Assembly to determine his fate.

However, Japanese media predicted that Ishiba is likely to be re-elected as the 103rd prime minister.

This is because the ruling party failed to win a majority of the House of Representatives in the general election, but the opposition parties failed to unify the candidates.

If re-elected, Prime Minister Ishiba will complete his cabinet formation on the same day and launch a second Ishiba Cabinet.

The top priority is expected to be the restoration of trust in the ruling party.

In connection with the slush fund scandal, the biggest cause of the general election defeat, we plan to hurry to revise the Political Fund Regulation Act.

To this end, we will meet with opposition leaders individually and ask for cooperation in the reorganization.

The legislation, which was amended once in June, lowered the standard for disclosing party ticket buyers sold at political fundraisers.

However, criticism continued that it was a stopgap measure as the abolition of policy activity expenses and the ban on donations from companies and organizations were omitted.

Immediately after his defeat in last month's general election, Ishiba emphasized the swift implementation of the abolition of policy activity costs and the establishment of third-party institutions.

[Shigeru Ishiba / Japanese Prime Minister (Oct. 28): It is necessary to have cross-partisan discussions on political reform, such as the prompt establishment of a third-party institution based on the Political Fund Regulation Act, and to expedite its implementation.]

However, there are still big doubts about political reform, as six lawmakers who ran as independents and won the election due to their involvement in slush funds have been reinstated by the Liberal Democratic Party.

Even if he remains prime minister, if he does not create an opportunity to increase his approval rating, he could immediately face a change in his party.

On top of that, the impact on foreign affairs, security, and the economy after the new Trump administration takes office next year is also expected to be a major challenge to Ishiba's second cabinet.

I'm Kim Se-ho from YTN in Tokyo.