Mongolia’s New Prime Minister Gets ‘Honeymoon’ to Fix Economy
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Mongolia’s new Prime Minister Saikhanbileg Chimed has a period of goodwill probably until spring to get the economy back on track and resolve a dispute with Rio Tinto Group, the country’s biggest foreign investor.
The “honeymoon” for Saikhanbileg, 45, who was cabinet secretary in the previous government, could end by summer when a new election cycle will heat up, said Peter Morrow, a partner at NovaTerra LLC., an Ulaanbaatar-based advisory firm.