ULAANBAATAR — Mongolia's ruling party emerged from this week's elections with its parliamentary majority significantly diminished on Saturday, local media said, after a campaign dominated by graft fears and the state of the economy.Prime Minister Luvsannamsrain Oyun-Erdene on Saturday morning declared victory in the previous day's polls, in which millions of Mongolians turned out to elect 126 members of the State Great Khural, the East Asian country's unicameral parliament.
'The results — the first under a new electoral system in which Mongolians vote for both proportional lists and individuals representing large districts — mean the MPP will govern with a greatly reduced majority.'Rebuke'The new parliament will see the MPP hold 54 percent of the seats, compared to about 80 percent in 2020.