Japan's Takaichi keeps key ministers in cabinet reshuffle
Summary
Japanese Prime Minister Sanae Takaichi kept key ministers in place in a cabinet reshuffle aimed at strengthening her coalition and pushing ahead with a food consumption tax cut. The move comes as Japan battles inflation, a weak yen and criticism over how the tax cut will be financed.
Key Points
- Prime Minister Sanae Takaichi retained core ministers in a cabinet reshuffle to bolster her government and maintain policy continuity.
- The reshuffle keeps finance, foreign affairs, defence and key economic ministers in place, including Satsuki Katayama, Toshimitsu Motegi and Shinjiro Koizumi.
- Takaichi is pursuing a food consumption tax cut despite concerns about funding, while Japan faces inflation, a weak yen and market unease over government spending.
- Hiroshi Nakatsuka was named minister in charge of regulatory reform as part of the reshuffle involving the Japan Innovation Party coalition partner.
