Kazakh president resigns

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The move comes on the back of growing social discontent and an economy still recovering from an oil price plunge in 2014.

The announcement also comes just weeks after the ageing strongman dismissed the country’s government.

Nazarbayev will enjoy significant policy-making powers following his resignation thanks to his constitutional status as “Leader of the Nation”.Subscribe to our newsletter and get news delivered to your mailbox.

Source: Financial Digest (financialdigest.net)

 

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