Asia

Monday, January 27, 2020 - 01:11

MNI POLICY: Japan Govt To Submit BOJ Harada Successor Tuesday


TOKYO (MNI) - Japan's government will submit the names of candidates to take major government posts to the Diet on Jan. 27, a Diet official said Monday.

The official didn't elaborate on what positions would be among the nominations, but the lists will likely include candidate of Yutaka Harada, Bank of Japan board member and whose five-year term ends on Mar. 25.

Harada, a former government economist, is known as one of the more dovish BOJ board members and the government is expected to nominate a person who is in favour of monetary easing.

Yukitoshi Funo, another BOJ board member, sees his five-year term end on June 30.

--MNI Tokyo Bureau; tel: +81 90-2175-0040; email: hiroshi.inoue@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com

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