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Ruling party dominance will mean stability in Mongolia

Friday, June 25, 2021

Significance

He was elected on June 9 with a record majority of nearly 68%, after stepping down as prime minister in January. The MPP now holds all the highest offices: the presidency, the office of the prime minister and the office of the speaker of parliament.

Impacts

  • Development plans and government finances will rely on rising copper prices.
  • Despite high vaccination levels, COVID-19 is spreading and calls for more lockdowns are growing; these would threaten economic recovery.
  • Beijing will see Khurelsukh as friendlier than his predecessors, but significant concessions to China are unlikely.

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