Kazakh President Calls Early Parliamentary Ballot Amid Oil Crash
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Kazakh President Nursultan Nazarbayev called snap parliamentary elections as the second-largest energy producer in the former Soviet Union braces for the impact of the collapse in oil prices.
Nazarbayev, who has been in power since 1989, signed an order disbanding the lower house of parliament ahead of schedule and said the ballot will be held March 20, according to comments posted on his administration’s Twitter on Wednesday. Nazarbayev secured a fifth term in an early election in April, winning in a landslide that was criticized by international observers.