Japan’s ex-chief cabinet secretary Kato to be next finance minister, Kyodo says

Katsunobu Kato, previously Japan’s chief cabinet secretary, will assume the role of finance minister under incoming prime minister Shigeru Ishiba. Yoshimasa Hayashi is likely to continue as chief cabinet secretary despite losing to Ishiba in the recent Liberal Democratic Party presidential race. The new government formation is anticipated after a parliamentary vote next week, with Shinjiro Koizumi potentially leading the party’s election committee.