ASTANA • Kazakhstan President Nursultan Nazarbayev shocked the nation yesterday by announcing his resignation after nearly 30 years in power.
The Central Asian strongman, 78, has ruled Kazakhstan since before the collapse of the Soviet Union and leaves no obvious successor.
His announcement came a year ahead of the country's next scheduled presidential election and amid growing frustration over falling living standards.
In a broadcast address to the nation, Mr Nazarbayev said he has decided to step down and that the chairman of the Kazakh Senate would take over.
"I have taken the decision to resign from the post of presidency," Mr Nazarbayev said. "The mandate of the presidency will pass to the chairman of the Senate for the remainder of my presidential term."
The Senate chair position is currently held by Nazarbayev loyalist Kassym-Jomart Tokayev, 65, a former prime minister and career diplomat.
The announcement came less than a month after Mr Nazarbayev sacked his government, citing a lack of economic development despite the country's vast energy resources.
That decision followed rising dissatisfaction in Kazakhstan, whose commodity-dependent economy has struggled to recover from a 2014 plunge in oil prices and Western sanctions against Russia, a key trading partner.
Mr Nazarbayev subsequently named 53-year-old Askar Mamin as the new prime minister and announced a major spending plan on social programmes and state salaries.
The President promised more than US$5 billion (S$6.8 billion) over the next three years to boost the salaries of public employees, increase assistance to low-income households and improve electricity and gas supplies to rural areas.
Mr Nazarbayev will continue to enjoy significant policymaking powers following his resignation, thanks to his constitutional status as "Leader of the Nation".
He became lifelong head of the country's security council last year. He won a 2015 election with almost 98 per cent of the vote and has been widely expected to seek another term next year.
He was born to a peasant family and trained as an engineer before rising through the ranks of the Kazakh Communist Party to head it in 1989.
He was elected president on the eve of the Soviet break-up in 1991. Since then, his power has become absolute, with resounding, but internationally criticised election victories in 1999, 2005, 2011 and 2015.