Wed, Nov 27, 2002 - Page 3 News List

New Cabinet members unlikely to be named until after Saturday conference

CNA , TAIPEI

The Cabinet is likely to name a new finance minister and a chairman of the Council of Agriculture after the National Conference on Agricultural Finance which is scheduled for Saturday, a DPP source said yesterday.

The source said that the government prefers not to take the risk of naming unsuitable persons who are not able to fully express their convictions of the administration's policies during the discussions on Saturday.

On the other hand, since the legislature will have a brief recess next week, the Cabinet can avoid complications of the designation process, the source said.

Although several persons with solid financial backgrounds have been mentioned by the media as potential finance ministers, none of them would confirm having been consulted over the issue.

In the list of possible successors to Lee Yung-san (李庸三), named by local media are Lin Tzong-yeong (林宗勇), chairman of the International Commercial Bank of China and formerly vice finance minister and chairman of the Securities and Futures Commission, and Wei Chi-lin (魏啟林), chairman of the Land Bank of China and formerly secretary-general of the Executive Yuan, and Hu Ting-wu (胡定吾), chairman of the China Development Industrial Asset Management Corp.

Former Hsinchu mayor Lin Kuang-hua (林光華) has been mentioned as a possible successor to Fan Chen-tsung (范振宗) who resigned Sunday from the Council of Agriculture.

Also see story:

Lin Tzong-yeong eyed by media for finance ministry

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