Kazakh vote sets stage for Putin ally to move past riots, purges - BusinessMirror

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Kazakh vote sets stage for Putin ally to move past riots, purges - BusinessMirror
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Kazakhs are voting in a presidential election that will cap months of political high drama for incumbent Kassym-Jomart Tokayev.

Kazakhs are voting in a presidential election that will cap months of political high drama for incumbent Kassym-Jomart Tokayev, in a year that started with violent protests he called a coup attempt and included his open defiance of Vladimir Putin over the war in Ukraine.

The stakes are high for Tokayev, 69, even if the outcome of the ballot itself is a foregone conclusion, with little in the way of campaigning or debates. His five obscure rivals have avoided criticism of the incumbent, the handpicked successor of Kazakhstan’s first and only other president, Nursultan Nazarbayev.

After being handed power by Nazarbayev in 2019, he’s seized on a chance to secure a fresh mandate in the face of building risks for the $200 billion economy of the world’s largest uranium miner as inflation approaches levels last seen more than a decade ago. “This year’s early election is important insofar as, first, it will legitimize Tokayev as a fully autonomous leader who no longer depends on Nazarbayev for anything,” said George Voloshin, a Paris-based analyst at ACAMS, an anti-financial crime body. And “it will give an extra seven years to leave his imprint on Kazakh politics and eventually carry out overdue political and economic reforms.”

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