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Embattled Japanese finance minister considering skipping G20 meeting - Reuters

Reuters is reporting that Japanese Finance Minister Taro Aso will be skipping a G20 finance ministers' meeting happening this month in Buenos Aires according to Japanese media sources.

Key highlights:

  • Japan Premier Shinzo Abe and Aso both under scrutiny following revelations that the finance ministry altered records regarding a government-owned land sale to a school operator connected to Abe's wife.
  • Aso stated Monday he has no intention of resigning.
  • Opposition party members within the Japanese parliament are calling for Aso to step down and take responsibility for the scandal.
  • Aso was scheduled to attend the G20 meeting on March 19th and 20th regarding global economic development, rising protectionism, and cryptocurrency market developments.
  • Media sources cited ruling party members who said Aso is considering skipping the meeting while the scandal and ensuing investigation will push back the parliamentary debate on next fiscal year's budget.

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Joshua Gibson

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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