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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Japan PM to tap fiscal hawk in new line-up Reuters - Thursday, January 13 Send IM Story Print By Linda Sieg and Stanley White TOKYO - Japan's prime minister will appoint former administrative reform minister Yukio Edano as his de facto deputy and give a fiscal hawk a key post when he reshuffles his cabinet this week, domestic media reported on Thursday. Analysts said the appointments, in particular of ex-finance minister Kaoru Yosano, appeared intended to show that Kan was serious about tax reforms needed to rein in Japan's huge public debt, now twice the size of its $5 trillion economy. "I'm sure it is intended to send a message -- that he is serious about fiscal reform -- but it depends on who the other ministers are," said Robert Feldman, chief economist at Morgan Stanley MUFG Securities in Tokyo, referring to Yosano. Feldman added that Edano, mooted for the No. 2 cabinet post, had done a good job in his previous government job, which focussed on cutting wasteful spending, and had "very broad policy experience." Edano is currently deputy secretary general of the ruling Democratic Party of Japan . Giving Edano the key post could, however, exacerbate a rift in the ruling party over scandal-tainted strategist Ichiro Ozawa, since Edano has been a critic of the veteran politician. Yosano said he had not been approached about a post but would consider what to do if he were. "What Prime Minister Kan is saying about fiscal policy, tax reform and the welfare system are problems that can't be avoided. Trade policy is also important," he told a news conference. "If I can help on these two issues, I would like to do so even if it's from the sidelines." Yosano also said he would leave the small, conservative Sunrise Party that he helped found last year. Kan, whose support rates have halved from the 60 percent enjoyed when he took office last June as Japan's fifth premier since 2006, this month again raised the touchy topic of boosting Japan's 5 percent sales tax to fund the ballooning costs of providing social welfare for Japan's fast-ageing population. He is also pitching the need for trade liberalisation keenly sought by businesses but opposed by powerful farm lobbies. Kan is reshuffling the cabinet largely to replace Chief Cabinet Secretary Yoshito Sengoku, a move aimed at smoothing the path for debate on the budget for the year from April when parliament opens this month. SACRIFICIAL MOVE Opposition-controlled parliament's upper house passed non-binding but embarrassing censure motions against Sengoku and Transport Minister Sumio Mabuchi in November over their handling of a territorial dispute with China. Mabuchi will also be replaced, Japanese media said. Opposition parties have threatened to boycott a debate on the 2011/12 budget when parliament opens this month unless the two are sacked. The government can enact the budget because the DPJ controls the powerful lower house, but the opposition-can block enabling legislation in the upper chamber. Kyodo, quoting a lawmaker, said Kan was considering appointing Yosano as a cabinet member in charge of tax and social security issues, health minister or an adviser to the premier. Yosano, who served as finance minister in 2009 when the now opposition Liberal Democratic Party was still in power, had been among the most vocal advocates in the LDP for a sales tax hike. He has also served in key posts, including chief cabinet secretary and economics minister. Analysts said Yosano's appointment would be a sign of commitment to fiscal reform but not itself sufficient to convince markets that the government was willing or able to act. "Unlike last year, it is no longer enough for the ruling party to merely draw up agendas towards fiscal restructuring, reining in debt and securing tax revenue. They have to begin following through with them," said Koichi Ono, a senior strategist at Daiwa Securities Capital Markets. Private economists largely agree that raising the sales tax will be essential but many lawmakers, including in the ruling Democratic Party, fear of angering voters, especially ahead of local elections in April. Kan led his party to defeat in an upper house election after floating a possible rise in the 5 percent levy. Kan is expected to explain his thinking on a cabinet reshuffle at a news conference after the Democratic Party's annual convention later Thursday. Recommend Send IM Story Print Related Articles China animal rights groups protest seal meat deal AFP - Thursday, January 13 Japan PM to tap fiscal hawk in new line-up Reuters - Thursday, January 13 Brisbane a 'war zone' as huge flood smashes city AFP - 2 hours 53 minutes ago Australian city sees years of rebuilding after floods Reuters - Thursday, January 13 US defence chief seeks N. 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