Tuesday, June 8, 2010

Japan deputy finmin Noda confirmed as new finmin

TOKYO: Japan's new leader Naoto Kan on Tuesday, June 8 appointed deputy finance minister Yoshihiko Noda, a fiscal conservative, as finance minister.

The appointment of Noda, who shares Kan's views on the need to rein in Japan's massive public debt, was expected after Kan vacated the finance post to become prime minister.

Among other key economic posts, Satoshi Arai, a senior ruling party lawmaker known as a close aide to Kan, was named to serve concurrently as national strategy minister in charge of crafting fiscal programmes and as economics minister

Shizuka Kamei, head of a small conservative party in the ruling coalition, was kept as banking minister. ' Reuters


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