The lower house of Japan's parliament has endorsed Haruhiko Kuroda to become central bank governor. Source: AAP
THE lower house of Japan's parliament has endorsed Haruhiko Kuroda, a finance ministry veteran and president of the Asian Development Bank, to become central bank governor.
Kuroda, 68, has vowed to "do whatever it takes" to achieve a two per cent inflation target and end deflation.
The ruling Liberal Democrats have already won support for Kuroda from the main opposition party, which controls the upper house. MPs there are due to approve Kuroda's appointment on Friday.
Technically, however, Thursday's vote allows Kuroda to only stand in for current Bank of Japan governor Masaaki Shirakawa after he steps down on March 19. Another vote is required to make his appointment permanent.
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