Japans new Prime Minister Shinzo Abe on Wednesday named Taro Aso as the country’s sixth finance chief in three years.

The 72 year old will serve as both deputy Prime Minister and Financial Services Minister in the new administration.

Mr. Aso’s first task will be to deliver his party’s pledge of a “Large-scale” supplementary budget to stimulate the economy, which is forecast to shrink for a third straight quarter.

The incoming leadership team has championed both fiscal and monetary stimulus, along with a weaker exchange rate to end Japan’s deflation and restart growth.

Earlier on Thursday, Aso said a planned doubling of Japan’s sales tax to 10 percent by 2015 pushed through, early this year by the Ousted Democratic Party of Japan.

It may be put on hold unless Japan’s economy picks up.

Japan’s new premier has proposed the BoJ set a two-percent inflation target, and vowed big government spending to jumpstart growth although his prescription for solving Japan’s woes has been met with a mixed response from economists.