Kazakhstan may be experiencing its toughest economic times in years, but its people have never had it so good.
So says its long-ruling president, Nursultan Nazarbayev, who used his state-of-the-nation address on November 30 to issue a rallying cry to his people to tighten their belts and bind together to weather the economic storm battering their oil-rich country.
“We have withstood quite a few tests together, and become hardened and strengthened. We have achieved a pace of economic development unheard of in all our history,” Nazarbayev said in his annual address. “Never before have our people lived as well as they do now. We have achieved a lot.”
Nazarbayev stressed that the economic tribulations are caused by external factors over which Astana has no control — “a global crisis of an all-embracing nature,” as he put it.
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