The Mongolian People’s Party was expected to trim spending after returning to power after a landslide election that focused voters’ attention on slowing economic growth and a doubling of external debt under the ruling party.
The MPP, which ruled uncontested for decades during Mongolia’s communist era, won 65 of the 76 seats in the Great Hural, General Election Commission chief Choinzon Sodnomtseren said Thursday, citing preliminary results. The ruling Democratic Party conceded defeat after winning just nine seats, down from 38 previously. Turnout was just more than 72 percent.
