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Kazakhstan’s new ruling party projected to win elections

Kazakhstan’s new ruling party projected to win elections

Kazakhstan's new ruling Adilet Party has taken a decisive lead in early exit polls, with more than 70% of the vote, in the country's early elections for its unicameral parliament, which could give it roughly 105 of the 145 seats in the new legislative chamber. Five parties are projected to enter Kazakhstan’s new 145-member Kurultai, according to early exit polls. Parties needed at least 5% of the vote to win seats in the new legislature. The election was Kazakhstan’s first parliamentary vote under the new Constitution , which replaced the bicameral Parliament with a single-chamber Kurultai. The three exit polls put Adilet’s support between 70.7% and 72.3%, positioning the party for a commanding majority in the new 145-member unicameral Parliament, the Kurultai. In other words, the poll projects around 109 seats for Adilet in Kurultai, giving the party a dominant majority. The newly established Adilet Party, formed in April, absorbed Amanat, the country’s largest political party, ahead of the election. Amanat has been the ruling party in Kazakhstan for almost 30 years. Formerly named Nur Otan, the party was created in 1999 from the electoral campaign headquarters, which supported ex-president Nursultan Nazarbayev in presidential elections of 1999. The Adilet Party is now the country's most influential political force. It supports the new Constitution and nominated the largest number of candidates - 186. The chair of the leading Adilet Party, Aibek Dadеbay, thanked voters after the first exit poll results were released. "During the election campaign, we visited all regions and met with thousands of people across the country. At every meeting, we heard directly about the issues that matter to people, as well as their views and suggestions. Every opinion matters to us. All the proposals we received will be taken into account in our future work," he said.

Under the new electoral system, voters chose from seven political parties contesting the election. Unlike under the previous system, independent candidates could not run, with all Kurultai seats contested through party lists. A total of seven political parties took part in the election, putting forward 545 candidates. The first exit poll, conducted by the Kazakhstan Institute of Public Development, put Auyl at 6.2%, Respublica at 5.2%, Ak Zhol at 5.1% and the Nationwide Social Democratic Party at 5%. The People’s Party of Kazakhstan received 2.8%, while Baitaq got 0.9%. The poll projects 12 seats for for Auyl, 9 for Respublica, 8 for the Nationwide Social Democratic Party and 7 for Ak Zhol. The People’s Party of Kazakhstan and Baitaq are not projected to win seats in the new Kurultai, exit polls show. The Aq Zhol Democratic Party fielded 63 candidates. Founded in 2002, it advocates political and economic reforms, supports entrepreneurship and private business, and calls for strengthening the role of Parliament. The Respublica Party, established in January 2023, nominated 75 candidates. The party focuses primarily on entrepreneurship, business and economic development. The People’s Party of Kazakhstan fielded 72 candidates. Its platform centres on social policy, protection of workers and support for vulnerable groups. The Auyl Party nominated 69 candidates. Founded in 2000, it has a clear political niche in the agricultural sector. The Baitaq Green Party fielded 47 candidates.

Founded in September 2022, it focuses on environmental protection and green development. The Nationwide Social Democratic Party nominated 33 candidates. Founded in 2006, it entered Parliament for the first time in 2023. Assessing the preliminary results, Indira Aubakirova, Head of the Institute of Legislation and Legal Information, said Adilet had used all available platforms effectively, making its lead over the other parties very expected. "The People’s Party of Kazakhstan, to my surprise, received around 3%. There could be several factors behind this. Firstly, the new generation is entering political life, and it no longer shares these views. At the same time, the natural decline of the older population is also having an impact, meaning that there are fewer," she said. Among the main contenders were Aq Zhol and Respublica, two parties that have traditionally focused on the interests of entrepreneurs and the business community. "It would seem that Aq Zhol has such a rich background. It has been on the political scene since 2002. But Respublica is a much younger party, launched in 2023, and it positioned itself very correctly and built its election campaign in a very competent way." On election day, President Tokayev also made several important statements about the country’s political future, including the appointment of Kazakhstan’s first vice president. The position of vice president, like the new Kurultai, was introduced under the new Constitution. Asked by journalists at a polling station when the country would learn the name of the new vice president, Tokayev said he would officially announce the appointment within seven to ten days. Tokayev also said he plans to launch the Qazaqstan Khalyq Kenesi Secretariat or Kazakhstan People’s Council.

Sources cited: 📰 Euronews ↗ 📰 Al Jazeera ↗

⚡ Effects Interpreter

🌍World Economy

  • ▶Global businesses tend to hedge their bets when politics gets unpredictable.
  • ▶Foreign investors typically pause to reassess after political headlines like this.

🏙️Local Economy

  • ▶The high street usually mirrors big-picture shifts, just a little later.
  • ▶Slight firms on your street might pass costs on carefully, bit by bit.

🏦Rates & Banks

  • ▶Political headlines can rattle currency markets well before rates budge.
  • ▶The cost of borrowing rarely moves on politics alone, but it can add pressure.

❤️Health

  • ▶Worry has a way of spreading faster than the facts sometimes.
  • ▶The strain, if any, tends to show up quietly in everyday life.

💷Wealth

  • ▶Savings and portfolios can see short-lived ups and downs after this kind of news.
  • ▶Portfolios built for the long haul rarely need a rethink over one headline.

🏠Housing

  • ▶A patient seller usually fares better than one rushing to react to headlines.
  • ▶A cooling or warming market usually takes months to fully show up in prices.
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Editorial note: This analysis was produced by the News Effects Interpreter, an AI editorial tool that cross-references 2 independent news sources and contextualises events in terms of their real-world impact on ordinary people. Original reporting is linked above. News Effects does not alter the facts of source reports.