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MNI BRIEF: Japan Lower House To Vote on BOJ Nominees Thursday

(MNI) Tokyo
(MNI) TOKYO

A plenary session of the House of Representatives will vote on the Bank of Japan governor and deputy governor nominees on Thursday and a vote in the House of Councillors will be on Friday, Diet officials said.

The nominees will be approved as the ruling Liberal Democratic Party has a majority of both houses. The Cabinet officially will appoint Kazuo Ueda, former BOJ board member, successor to Haruhiko Kuroda, whose term ends on April 8 after the approval.

BOJ executive director Shinichi Uchida and the former chief of the Financial Services Agency Ryozo Himino will be appointed as deputy governors. The terms of BOJ Deputy Governors Masayoshi Amamiya and Masazumi Wakatabe end on March 19.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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