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Suga Expected To Maintain Abe's Cabinet Largely Intact: Japan Today
The newly-installed leader of Japan's governing Liberal Democratic Party (LDP) Yoshihide Suga is set to maintain outgoing Prime Minister Shinzo Abe's Cabinet of ministers largely intact according to Japan Today.
- Suga won the LDP leadership election on Monday by a comfortable margin, and is set to be officially designated as prime minister by the Diet tomorrow.
- Japan Today reports that key ministers under Abe, such as Foreign Minister Toshimitsu Motegi and Finance Minister Taro Aso are set to be retained as part of Suga's new administration. Observers have noted one of the primary reasons for the election of Suga as LDP leader was his offer of continuity from the Abe gov't.
- One senior minister set for a change of office appears to be Defence Minister Taro Kono, who reportedly will receive the Internal Affairs and Communications brief. Kono will be replaced at the defence ministry by Nobuo Kishi, the brother of Shinzo Abe who was adopted by his maternal aunt and uncle shortly after birth.
- Within the LDP, former education minister Hakubun Shimomura becomes the party's new policy chief, with Toshihiro Nikai retained as party secretary general.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.