City
Epaper

Japanese govt to nominate new central bank chief in February: PM

By IANS | Updated: January 22, 2023 18:10 IST

Tokyo, Jan 22 The Japanese government will nominate the successor to outgoing Bank of Japan (BOJ) Governor Haruhiko ...

Open in App

Tokyo, Jan 22 The Japanese government will nominate the successor to outgoing Bank of Japan (BOJ) Governor Haruhiko Kuroda in February for the parliament approval, Prime Minister Fumio Kishida said on Sunday.

Kishida said on a TV program broadcast that Kuroda will leave his post when his current term ends in April, adding that the BOJ's longest-serving chief will be replaced, Xinhua News Agency reported.

Asked if an appointment proposal will be submitted to the Diet, the country's parliament, in February, Kishida said, "Considering parliament's schedule, I think it will be the case."

The government will also seek approval for new deputy governors, whose appointments will likely be submitted at the same time. Under the Japanese law, the cabinet appoints the BOJ's governor and two deputy governors after obtaining approval from the Diet.

Kuroda, who has headed the central bank since 2013, will reach the end of his term on April 8, while the term of the two deputies, Masayoshi Amamiya and Masazumi Wakatabe, will end on March 19.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: BojFumio kishidaKishida fumioBank of japanHaruhiko kuroda
Open in App

Related Stories

BusinessBank of Japan Ends Negative Interest Rate Policy, Implements First Hike in 17 Years

InternationalJapan Earthquake Death Toll Rises to 94, Nearly 250 Still Missing

InternationalRecord 95.5% people in Japan aware of rising prices: Survey

InternationalIAEA chief arrives in S.Korea to discuss Fukushima water discharge report

InternationalIAEA Director-General to visit Japan before Fukushima wastewater discharge

Politics Realted Stories

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray

NationalAssembly Bypoll Results 2025: AAP Wins Visavadar and Ludhiana West Seats; Congress Wrests Nilambur Seat in Kerala

MaharashtraNCP Leader Suraj Chavan Shares Alleged Black Magic Video of Shiv Sena Leader Bharat Gogawle Amid Row Over Raigad Guardian Post

MaharashtraMaharashtra Politics: Raj Thackeray Meets CM Devendra Fadnavis at Taj Lands End Amid Rumours of MNS–Sena UBT Alliance

MaharashtraMaharashtra Municipal Elections 2025: Mahayuti Alliance to Contest Civic Body Polls Together, Says CM Devendra Fadnavis