Prime Minister Naoto Kan's Cabinet reshuffle Friday was greeted with indifference on the streets of Tokyo, with many expressing hope that the administration will settle down and pursue policies to revive the economy.

Friday's reshuffle included several key changes, including the replacement of Chief Cabinet Secretary Yoshito Sengoku with Democratic Party of Japan Deputy Secretary General Yukio Edano, as well as the appointment of ex-Tachiagare Nippon (Sunrise Party of Japan) member Kaoru Yosano as economic and fiscal policy minister. Yosano, a former finance minister, will also be in charge of social welfare and tax reform.

The appointment of Yosano — an expert on financial affairs and an advocate of drastic tax reform — was seen by some on the street as an indication that Kan plans to raise the 5 percent consumption tax.