HomeLive CommentsJapan FM Suzuki will discuss joint statement with BoJ with new governor

Japan FM Suzuki will discuss joint statement with BoJ with new governor

Japan Finance Minister Shunichi Suzuki said that the goals as mentioned in the joint statement with BoJ signed back in 2013 “remains important policy challenges”. He mentioned that targets like “the need to pull Japan out of deflation and achieve stable economic growth.”

But he also mentioned the possibility of revising the join statement with new BoJ Governor. “What to do with the statement is something the government must discuss with the new governor,” Suzuki told parliament. Nevertheless, it’s premature to decide whether it’s necessary for the revision as the government has yet to nominate the new BoJ head.

Separately, Tsuyoshi Takagi, the ruling Liberal Democratic Party’s parliament affairs chief for the lower house, said that the government will present its nomination for the new BoJ Governor and the two deputies on February 13. Jun Azumi, an executive of the opposition Constitutional Democratic Party of Japan said hearings would be held at the lower house on February 24.

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