This article by Dana Rysmukhamedova and Christopher Rickleton is published by Barrons. Here is an excerpt:
Kazakhs overwhelmingly voted for constitutional changes in a referendum that marks the end of founding leader Nursultan Nazarbayev’s three-decade grip on Central Asia’s richest country, authorities announced Monday.
The amendments will finally bury “super-presidential” rule, according to President Kassym-Jomart Tokayev — a claim that has been greeted with scepticism from local political observers.
The incoming constitution removes special privileges for 81-year-old Nazarbayev and prevents Tokayev and future leaders from having relatives in government posts.
The central electoral commission said 77 percent of voters had backed the move and claimed a turnout of 68 percent.
Read the full article here.
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