11.04.2011, 09:45 5033

Kazakhstan leader re-appoints PM

The President of Kazakhstan, Nursultan Nazarbayev, signed a decree on 'Appointment of K. Masimov as Prime Minister of Kazakhstan.

Almaty. April 11. Kazakhstan Today - The President of Kazakhstan, Nursultan Nazarbayev, signed a decree on 'Appointment of K. Masimov as Prime Minister of Kazakhstan, Kazakhstan Today reports.

Kazakh President Nursultan Nazarbayev, sworn in for the fourth time on Friday, has retained his prime minister to push through ambitious plans to expand the largest economy in Central Asia, Reuters reported.

The docile parliament unanimously supported Nazarbayev's nomination of Prime Minister Karim Masimov, who was re-appointed hours after the entire cabinet resigned in a formality to accompany the president's lavish inauguration ceremony.

By law, Masimov has 10 days to present Nazarbayev with his nominations for ministerial posts in a new government. Ministers will meanwhile keep their jobs in an acting capacity.

Nazarbayev, 70, has run Kazakhstan since Soviet days, ensuring stability appreciated by both Russia and the West as well as overseeing market reforms and $122 billion in foreign investment, mainly in the country's abundant oil and metals.

Nazarbayev said Kazakhstan had become a modern and powerful state in his two decades of leadership and would join the world's 50 most competitive economies by the end of this decade.

"I'm overwhelmingly proud of the fact that you have trusted me to participate in the big tasks required to grow Kazakhstan, our country," Masimov said in an address to the president. He also referred to himself as Nazarbayev's assistant and student.

This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.

Found an error in the text?

Select the error and press Ctrl + Enter at the same time.

relevant news

Most viewed