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Kazakhstan Declares State of Emergency Amidst Nationwide Unrest

EMERGING MARKETS
  • President Qasym-Zhomart Toqaev has accepted the resignation of his cabinet and reinstated fuel subsidies in an attempt to end nationwide protests.
  • A state of emergency has been declared which restricts freedom of movement and assembly. The state of emergency also hands more power to police to conduct searches, seize banned substances and blocks use of social media and instant messaging services.
  • The unrest this week again shows dissatisfaction amongst Kazakhstanis about the government’s management of the oil rich economy. The protests have been most intense in the oil-producing Mangistau Region and the most populous city, Almaty.
  • Public protest was rare in Kazakhstan until 2018 when anti-government protests led to the resignation of the Soviet-era leader Nursultan Nazarbayev.
  • Today’s resignation of the cabinet and President Toqaev’s calls for calm have done little to stop the protests, which remain ongoing. Reports from Kazakhstan suggest that the level of the support for the anti-government movement is more intense than 2018.
  • The 2018 protests were catalysed by a fatal fire which killed five children in Nursultan (formally Astana) but revealed a deeper resentment in the country about corruption, inflation, currency devaluation, and increases in the cost of living. These issues are being repeated in the protests this week.
  • The events in Kazakhstan will be monitored closely by Russia. Moscow is sensitive to the prospect of democratic ‘colour revolutions’ in the post-Soviet space and Kazakhstan has long been an ally of Russia. However, since 2018 the regime has looked increasingly fragile and it is looking likely that broad concessions will need to be made, beyond the rolling back of gas subsidies, if the regime is to persist in the same form.
EM BulletHomepagePolitical Market NewsBulletEmerging Market News
EM BulletHomepagePolitical Market NewsBulletEmerging Market News

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