In the ninth parliamentary elections, the MPP won a narrow margin of victory, winning 68 of the 126 seats, while the DP won 42 seats. The Hun Party won eight seats, while the Civil-Green Will Party and the National Coalition won four seats each, the Xinhua news agency reported.
The decision to form a coalition government aims to quickly address Mongolia's development challenges, consider the critical international relations and geopolitical situation, and emphasize national unity, according to the parties.
After signing the MoU, Luvsannamsrai Oyun-Erdene, Prime Minister of Mongolia and Chairman of the MPP, said: "Our country's government has had an average life expectancy of 1.5 years and development policy planning has been unstable. since 1990. Many projects that have been started remain unfinished and undergo continuous changes without reaching completion.
"The memorandum aims to change this situation, quickly resolve development problems and send a message to foreign investors that Mongolia is a more stable and trustworthy country," he said.
Luvsannyam Gantumur, president of the DP, affirmed his participation in the coalition with a focus on economic growth, improved livelihoods, a healthy business environment and individual freedoms.
Togmid Dorjkhand, leader of the Hun Party, expressed confidence that Mongolian politics, especially at the government level, is now adopting a completely new attitude, culture and structure.
"For the past 30 years, our country has operated under a two-party system marked by excessive partisanship and mutual blackmail, which has resulted in lost development opportunities. Today's decision prioritizes the interests of the country over those of individuals and parties," Dorjkhand said.
In May 2023, the Asian country's parliament, also known as the State Great Khural, approved amendments that increased the number of legislators from 76 to 126.
The elections were held under a mixed electoral system, with 78 legislators elected by majority representation and 48 by proportional representation.
The Asian country's parliament operates under a unicameral system with a four-year term.
The decision to form a coalition government aims to quickly address Mongolia's development challenges, consider the critical international relations and geopolitical situation, and emphasize national unity, according to the parties.
After signing the MoU, Luvsannamsrai Oyun-Erdene, Prime Minister of Mongolia and Chairman of the MPP, said: "Our country's government has had an average life expectancy of 1.5 years and development policy planning has been unstable. since 1990. Many projects that have been started remain unfinished and undergo continuous changes without reaching completion.
"The memorandum aims to change this situation, quickly resolve development problems and send a message to foreign investors that Mongolia is a more stable and trustworthy country," he said.
Luvsannyam Gantumur, president of the DP, affirmed his participation in the coalition with a focus on economic growth, improved livelihoods, a healthy business environment and individual freedoms.
Togmid Dorjkhand, leader of the Hun Party, expressed confidence that Mongolian politics, especially at the government level, is now adopting a completely new attitude, culture and structure.
"For the past 30 years, our country has operated under a two-party system marked by excessive partisanship and mutual blackmail, which has resulted in lost development opportunities. Today's decision prioritizes the interests of the country over those of individuals and parties," Dorjkhand said.
In May 2023, the Asian country's parliament, also known as the State Great Khural, approved amendments that increased the number of legislators from 76 to 126.
The elections were held under a mixed electoral system, with 78 legislators elected by majority representation and 48 by proportional representation.
The Asian country's parliament operates under a unicameral system with a four-year term.
