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Ministry Of Finance

Japan’s Ministry of Finance is part of the Japanese government’s cabinet ministries. Established way back in the 6th century, this ministry has been responsible for managing the country’s exchange rate policy and was in charge of public finance and other monetary affairs.

In 1998 when the Bank of Japan (BOJ) was formed, the Ministry of Finance transferred its monetary policy powers to the newly created central bank.

Currently, the Japanese Ministry of Finance is headed by [http://www.kantei.go.jp/foreign/noda/meibo/daijin/azumi_e.html Jun Azumi] and its members are comprised of members of the Diet chosen by the Japanese Prime Minister.

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