Japan MOF’s Top Bureaucrat to Resign, Nikkei Reports

(Corrects title of Katsu in second paragraph. This story was first published on Aug. 11)

The Japanese Finance Ministry’s top bureaucrat has submitted his resignation and may be replaced within weeks, the Nikkei newspaper reported.

Finance Minister Jun Azumi is expected to accept the resignation of vice-minister Eijiro Katsu now that Prime Minister Yoshihiko Noda has won parliamentary approval to raise the nation’s sales tax, Nikkei said, without giving any source of the information.

To contact the reporter on this story: Mariko Ishikawa in Tokyo at mishikawa9@bloomberg.net

To contact the editor responsible for this story: Jim McDonald at jmcdonald8@bloomberg.net

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