JUST IN:Kazakhstan President Nursultan Nazarbayev Resigns after 29 years in office

Intro

President of Kazakhstan, Nursultan Nazarbayev on Tuesday  announced his resignation, years after taking office.

He said in a television broadcast;  “I have taken the decision to refuse the mandate of the presidency.”

Nazarbayev came to power in oil-rich Kazakhstan when it was still a Soviet republic and has never indicated a successor.

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

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