The Fund’s outgoing head Timur Kulibayev had voluntarily submitted his resignation letter in the wake of the public unrest in the oil producing city of Zhanaozen.
At the same sitting, the President urged public bodies and national companies to introduce stricter cost-cutting measures, renouncing lavish events, conferences and presentations.
The chair of the board of the Civil Alliance of Kazakhstan Solovyeova argues that although some oil workers on strike followed the unrest organizers, they could not have plotted it.