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New BOJ nominee also likely to be vetoed

China Daily | Updated: 2008-03-19 07:31

Japan's government, with its central bank governor just a day away from retirement, put forward a second former finance ministry official to replace him, but opposition lawmakers looked set to wield their veto again.

Koji Tanami, the head of a state-funded lending agency, the Japan Bank for International Cooperation, was nominated to head the Bank of Japan, surprising economists who had not seen him as a potential replacement for retiring governor Toshihiko Fukui.

New BOJ nominee also likely to be vetoed

Tanami, 68, told parliament he saw growing risks for the global economy, backing the view of some economists that he may be relatively dovish in the role.

New BOJ nominee also likely to be vetoed

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