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Home / News / Sources say that Japan’s Kishida will probably retain the position of the finance minister.

Sources say that Japan’s Kishida will probably retain the position of the finance minister.

In a cabinet reshuffle this week, Japanese Prime Minister Fumio Kishida is hoping to keep Finance Minister Shunichi Suzuki, according to citations in the government and governing party, on Tuesday. Local media also informed that his current Foreign Minister would remain in place.

The reorganization occurred sooner than initially anticipated as Kishida’s administration experienced declining support. Government interactions with lawmakers from the ruling party, notably former Prime Minister Shinzo Abe, who was fatally shot last month at a campaign event, have come under greater public scrutiny.

According to the NHK public broadcaster on Monday, support for Kishida’s cabinet dropped to 46% from 59% three weeks ago, the lowest level since he assumed office. These findings are constant with other recent surveys.

Due to the sensitivity of the matter, the sources who spoke to Reuters regarding Finance Minister Suzuki requested anonymity.

Koichi Hagiuda, the industry minister, is anticipated to move to a job outside the cabinet, the Yomiuri Shimbun daily reported without specifying its sources. According to the newspaper, Hagiuda will probably become the helm of the policy research committee of the ruling Liberal Democratic Party (LDP).

According to the Yomiuri, Minoru Terada, one of Kishida’s advisers and upper house legislator Naoki Okada is anticipated to be named to the cabinet for the first time. However, it was not specified what their roles would be.

Additionally, according to numerous domestic media reports, Kishida is anticipated to keep Foreign Minister Yoshimasa Hayashi. Due to health concerns, Nobuo Kishi, the defense minister, is anticipated to be replaced.

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