Gov't puts off further proposal over next BOJ chief

Gov't puts off further proposal over next BOJ chief

TOKYO, Japan - Prime Minister Yasuo Fukuda looks grim heading into a meeting of top executives of the ruling Liberal Democratic Party at the Diet on March 17, with two days remaining of Bank of Japan Governor Toshihiko Fukui's five-year term, as the government put off a plan to come up with a new nominee as Fukui's successor. The government had been scheduled to name an alternative on March 17 after the opposition, which controls the upper house, rejected its proposal to keep Fukui in the job. Appointment of top BOJ officials must be endorsed by both houses of parliament. (Kyodo)

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