TOKYO (Reuters – Japan’s next central banking governor needs to be someone who can work together with government leaders in the fight against deflation, Fumio Kirishida, the Prime Minister of Japan said Friday.

Markets anticipate a Bank of Japan leadership change next year. They are looking at possible changes to the Bank of Japan’s massive asset-buying, yield curve control and other measures that have failed to inflate inflation up to 2%. This has been criticised for reducing financial institutions’ profit margins.

Kishida has the ability to select Haruhiko Koroda’s successor, who is due to retire in April 2023. If Kishida’s ruling party wins in this summer’s elections to the upper house, they will be able to do so.

The November 2013 Joint Statement by Kishida’s Administration and the BOJ, reaffirmed the commitments of the BOJ and Kishida to collaborate on economic policies and that the central bank strive to achieve the 2% target.

Kishida said Friday that “the government and the BOJ had reached an agreement to collaborate in fighting deflation,” referring specifically to the reaffirmed joint statements.

He stated that “We wish the BOJ continued to strive towards its 2% inflation goal with an eye on financial, economic and price development.” This should be the goal of the next BOJ Governor.

Kuroda’s rare, second-year five-year term will determine how fast the bank can reverse the drastic monetary experiments.

According to some analysts, Kishida could distance himself greatly from Shinzo Abe’s previous stimulus policy called “Abenomics,” which heavily relied on monetary easing for economic recovery.

On Tuesday, Kishida’s government announced two nominees for the BOJ policymakers who will be retiring in July. These appointments are likely to tilt the board towards radical easing.

The markets view Masayoshi Nakaso, former deputy governor and career central bankers, as being strong candidates for the next BOJ head.

(This story corrects week day in the first paragraph.