Kyrgyzstan’s President Pledges to Resign Amid Turmoil in Former Soviet Republic

Kyrgyzstan’s President Pledges to Resign Amid Turmoil in Former Soviet Republic
Kyrgyzstan’s president said he would resign, injecting a fresh element of uncertainty into a political crisis that has engulfed the resource-rich Central Asian country following allegations of a voter fraud in a parliamentary election earlier this month.
President Sooronbai Jeenbekov Thursday said he intends to leave his post to avoid further clashes between security forces and protesters who took to the streets after the Oct. 4 vote, forcing him to temporarily leave the presidential residence. His promised departure propels the former Soviet republic into uncharted waters, strengthening the hand of a new, nationalist prime minister who has called for the nationalization of foreign-owned assets.
The wave of protests and subsequent upheavals have also alarmed Russia, the country’s most powerful ally and one of its biggest investors, which said it would suspend further financial aid.
“Insofar that there is no government, it’s a moment of crisis,” Kremlin spokesman Dmitry Peskov said Thursday. He added that the pause in financial aid was justified “until all institutions are working.”
The country’s parliament needs to approve Mr. Jeenbekov’s resignation, which could take effect on Friday.

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