Kazakhstan President Nursultan Nazarbayev has announced his resignation after nearly 30 years in power. The 78-year old leader had ruled the country since it emerged from the collapse of the Soviet Union in the early 1990s.
The Chairman of the Kazakh Senate would take over. The announcement came less than a month after the President sacked his government, citing a lack of economic development despite the country’s vast energy resources.
Source- News on AIR
Static/Current Takeaways Important For LIC AAO Mains Exam:
- Kazakhstan Capital: Astana, Currency: Kazakhstani tenge.