TOKYO, July 1 (Reuters) - Japanese Finance Minister Kaoru Yosano said on Wednesday he expected to stay on as finance minister, after Japanese media said he would lose one of his three financial portfolios. Japanese TV reported a former defence minister, Toshimasa Hayashi, would become the new economics minister. [ID:nTFD006287]
"I expect to retain my portfolios in charge of the Ministry of Finance and the Financial Services Agency," Yosano told reporters at a briefing.
Asked about reports that he would lose the post of economics minister, Yosano said: "No member of the cabinet can expect to keep their position indefinitely." (Reporting by Stanley White; Writing by Rodney Joyce)
Source: reuters.com
Wednesday, July 1, 2009
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