Japan's prime minister hastily ushered in a new economy minister on Thursday after the surprise departure of Akira Amari over bribery allegations but analysts expect little change in the government's stimulus plan.
Nobuteru Ishihara, a former executive of the ruling Liberal Democratic Party (LDP), is to take over as new economy minister following the surprise resignation of Amari over allegations that he pocketed bribes from a construction company, an accusation he denies.
Japanese Prime Minister Shinzo Abe said he wanted 58-year old Ishihara, who has held several ministerial posts in a former government, to continue with structural reforms and revitalizing the economy.
Speaking to the press, Ishihara said he intended to guide economic policy to spread the benefits of "Abenomics" to the real economy and small businesses, Reuters reported.
"Abenomics" is the economic policy to boost competitiveness, spearheaded and named after the prime minister, that involves fiscal stimulus, monetary easing and structural reforms.
Now all eyes are on the Bank of Japan's monetary policy meeting on Friday at which it is also expected to present its inflation outlook, with questions being raised over whether the central bank could up its stimulus measures.