Takayoshiexpected to keep key ministers in reshuffle
Japanese Prime Minister Sanae Takaichi is preparing for a government reshuffle on Thursday, with expectations that she will retain the finance, foreign affairs, defense, and economy ministers in order to stabilize the ruling coalition and prepare for the controversial consumption tax cut. This move comes amid increasing market tensions and a decline in the value of the yen, with plans to reduce the consumption tax on food products starting next year, despite economists' concerns over the estimated $32 billion in funding sources. Additionally, the reshuffle aims to reinforce policy continuity and improve the political situation ahead of the Liberal Democratic Party's presidential election scheduled for next year.
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