TOKYO (Thomson Financial) - The government is likely to present a proposal to appoint Bank of Japan Deputy Governor Toshiro Muto as the BoJ's next governor to the ruling and opposition parties on Tuesday, the Nikkei reported over the weekend, citing an unidentified senior government official.
The ruling coalition has already approached the opposition Democratic Party of Japan about nominating Muto, the business daily said.
The candidate nominated by the government for central bank chief must get the green light from both the lower house and the opposition-controlled upper house.
BoJ Governor Toshihiko Fukui is scheduled to step down when his term ends March 19.
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