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Former Olympic Minister Suzuki becomes the next Japanese Finance Minister – Yomiuri

File Photo: Japanese Olympic Minister Shunichi Suzuki will speak at the News Conference held in Tokyo on August 3, 2017. REUTERS / Kim Kyung-Hoon

October 1, 2021

Tokyo (Reuters) – Former Japanese Olympic Minister Shunichi Suzuki is likely to be appointed Minister of Finance in the cabinet of new Prime Minister Fumio Kishida, Yomiuri reported in a daily newspaper.

According to analysts, Suzuki (68), the son of former Prime Minister Zenko Suzuki and the brother-in-law of Finance Minister Taro Aso, will continue Aso’s modest policies while balancing growth and fiscal reform. Is expected.

Newspaper said late Thursday that Aso will become vice president of the ruling Liberal Democratic Party (LDP) after Fumio Kishida won the LDP leaders’ vote the day before. He will be formally voted as prime minister when Congress meets on Monday and will announce a cabinet reshuffle on the same day.

Mari Iwashita of Daiwa Securities said that Suzuki, who has long emerged as the next leader of the Aso Party, is likely to follow Aso’s footsteps and the Treasury’s policy goals.

“People in the Treasury believe that the country’s credit risk will increase without fiscal consolidation and will choose modest fiscal mobilization. He will be a minister in line with that sense of moderation,” she said. Said.

Former Foreign Minister Kishida won https://www.reuters.com/world/asia-pacific/fumio-kishida-wins-vote-become-japanese-ruling-party-leader-pm-2021-09-29 Wednesday LDP leader elections are almost certain to replace Prime Minister Yoshihide Suga, thanks to a majority of the LDP in the powerful House of Representatives.

It is reported that Foreign Minister Toshimitsu Motegi is likely to be appointed as Prime Minister by cabinet reshuffle, and Mr. Hirokazu Matsuno, who was the Minister of Education under former Prime Minister Shinzo Abe of former Prime Minister Hirokazu Matsuno, will be appointed as Prime Minister by cabinet reshuffle. Mr. Matsuno is a member of the Liberal Democratic Party faction, which is closely related to Prime Minister Abe.

According to media reports, the posts of some major political parties will be filled by lawmakers associated with Prime Minister Abe, emphasizing that Japan’s longest-serving Prime Minister will dominate the Kishida administration.

Kishida’s support in Prime Minister Abe’s final leadership vote influenced his victory.

The media said Akira Amari was appointed as the party’s new general secretary, and Sanae Takaichi, who played against Kishida in the party leader election with the support of Prime Minister Abe, will be the Liberal Democratic Party’s policymaker.

New party executives will be announced Friday afternoon.

(Report by Kiyoshi Takenaka, Reika Kihara, edited by Kim Chanlan, Lincoln Feast, Michael Perry)



Former Olympic Minister Suzuki becomes the next Japanese Finance Minister – Yomiuri

Source link Former Olympic Minister Suzuki becomes the next Japanese Finance Minister – Yomiuri

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