June 28, 2012

Mongolia election centers on spreading mining boom wealth in fast-growing but poor nation - The Washington Post

Mongolia election centers on spreading mining boom wealth in fast-growing but poor nation - The Washington Post: "ULAN BATOR, Mongolia — Mongolians traveled by foot, car and horse to vote for a new legislature Thursday in an election that centered on better spreading the benefits of Mongolia’s mining boom across the vast and still largely poor country.

A poll this month by the private, unaffiliated Sant Maral Foundation and commentators showed the opposition Democratic Party with a slight edge over the ruling Mongolian People’s Party, though neither had the support to win an outright majority in the 76-seat parliament.

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The main parties have offered variations on promises to use mining revenues to boost pensions, build needed infrastructure, subsidize local industries and otherwise enrich Mongolians."

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