- Associated Press - Monday, August 27, 2012

YANGON, Myanmar (AP) — Myanmar’s president on Monday announced a major Cabinet reshuffle in a move seen as advancing the country’s reformist agenda.

Rumors have swirled for months about a possible government shake-up.

President Thein Sein made the announcement late Monday in a statement posted on his official website.

The statement says nine of 29 Cabinet posts were reshuffled. Among the ministries affected are finance, information, industry, and national planning and economic development.

The reshuffle is the biggest since Thein Sein’s government took office after a former military junta ceded power in March 2011.