Japan’s Takaichi keeps key ministers in cabinet reshuffle
The small-scale reshuffle comes as Sanae Takaichi navigates rising inflation and a weak yen while pursuing a consumption tax cut on food starting next year.
Japanese Prime Minister Sanae Takaichi maintained her key ministers in a cabinet reshuffle on Thursday, aiming to strengthen her ruling coalition and push through a food tax cut. Despite concerns about funding, Takaichi, who enjoys high public approval, kept her core team intact, including Finance Minister Satsuki Katayama, Foreign Minister Toshimitsu Motegi, and Defence Minister Shinjiro Koizumi.
The move comes as Takaichi faces inflation and a weak yen while seeking to implement a consumption tax cut on food next year, a popular policy among voters but criticized by economists for the lack of a clear funding plan. Koizumi's role involves updating Japan's defense strategy and increasing defense spending. Takaichi also appointed Hiroshi Nakatsuka, a member of the LDP's coalition partner, as the Minister in Charge of Regulatory Reform, marking a significant shift in her cabinet composition.
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