Mongolia Web News - In the Mongolian elections the ruling MPRP has claimed victory. The party has spread documents claiming they have secured 44 seats out of 76 in  State Great Khural (parliament). In the documents the Democratic Party would have 21 seats and 3 others are assigned to smaller parties. 8 seats are unaccounted for, as yet.

The Mongolian People’s Revolutionary Party, whose government of Prime Minister Sanjaagiin Bayar currently controls the parliament, seemed confident that they would remain in power.  The MPRP ruled Mongolia for most of the 20th century. 

Key challenges facing the next parliament will be bring inflation, now running at 15.1 percent, under control. Also, the Oyu Tolgoi copper and gold mining agreement is expected to be approved following years of negotiations and delays. Revenues from the agreement could boost Mongolia’s GDP by as much as 34 percent. 

The MPRP was the ruling party of the Mongolian People's Republic from 1921 until 1996 (with no other political parties allowed until 1990), and from 2000 until 2004. Since 2006, it is the leading force in a coalition with some smaller parties and independent MPs.

The current President, Nambaryn Enkhbayar, is from an MPRP background, as is the prime minister, Sanjaagiin Bayar. Upon becoming President, Enkhbayar had to officially suspend his party membership.

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