logo
Mongolia PM resigns after anti-corruption protests

Mongolia PM resigns after anti-corruption protests

CNA2 days ago

ULAANBAATAR, Mongolia: Mongolian Prime Minister Luvsannamsrain Oyun-Erdene resigned on Tuesday (Jun 3) following weeks of anti-corruption protests in the country's capital.
The landlocked democracy in northern Asia has battled deep-seated corruption for decades, with many arguing that wealthy elites are hoarding the profits of a years-long coal mining boom at the expense of the general population.
Frustrations have flared since last month as public suspicions over the supposedly lavish lifestyles of the prime minister's family have fuelled persistent demonstrations in the capital Ulaanbaatar.
Oyun-Erdene announced his resignation on Tuesday after losing a confidence vote among lawmakers, according to a parliamentary statement.
"It was an honour to serve my country and people in times of difficulties, including pandemics, wars, and tariffs," he said after the result of the secret ballot was announced to parliament.
He will remain as caretaker prime minister until his successor is appointed within 30 days.
Hundreds of young people had converged on the square outside the parliament building on Monday, marching with white placards and chanting: "Resignation is easy."
Several protesters said they had come to voice dismay at what they described as deeply embedded corruption and social injustice.
But Julian Dierkes, a Mongolia expert at Germany's University of Mannheim, said he "(didn't) expect any successor to adopt substantially different policies" from Oyun-Erdene, including on corruption.
His ouster "may mean the resurgence of factional politics in his party" after years of comparative stability at the top of Mongolian politics, Dierkes told AFP.
SECRET BALLOT
Oyun-Erdene has denied the corruption allegations, and in an address to parliament before the vote, blamed "major, visible and hidden interests" for waging an "organised campaign" to bring down the government.
He had also warned of political instability and economic chaos if forced out of power.
But it was not enough as only 44 lawmakers voted to retain confidence in him, with 38 against.
That did not reach the 64-vote threshold required from the 126-seat parliament, prompting Oyun-Erdene to stand down.
The move pushed the country's fractious political scene into further uncertainty.
Mongolia had been ruled by a three-way coalition government since elections last year resulted in a significantly reduced majority for Oyun-Erdene's Mongolian People's Party (MPP).
But the MPP evicted the second-largest member, the Democratic Party (DP), from the coalition last month after some younger DP lawmakers backed calls for Oyun-Erdene's resignation.
DP lawmakers walked out of the parliamentary chamber during the confidence ballot.
"TIME FOR CHANGE"
Further demonstrations were expected in central Ulaanbaatar on Tuesday, according to AFP reporters in the city.
Since Oyun-Erdene took power in 2021, Mongolia's ranking in Transparency International's Corruption Perceptions Index has dropped.
Concerns over the economy and rising living costs have also stoked the unrest.
Some counter-protesters - overwhelmingly older than their pro-opposition counterparts - have also turned out to support Oyun-Erdene in recent weeks.
Speaking on Monday, protest organiser Ulamsaikhan Otgon, 24, said the demonstrations "have showcased throughout that young people are very sensitive to unfairness" in Mongolian society.
Yroolt, a 30-year-old content creator who declined to share his surname for privacy reasons, said young people "want a different life, a different society".

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Japan April real wages slump for fourth month as inflation bites
Japan April real wages slump for fourth month as inflation bites

CNA

timean hour ago

  • CNA

Japan April real wages slump for fourth month as inflation bites

TOKYO :Japanese real wages fell for a fourth consecutive month in April, eroded by stubborn inflation that has continued to outpace pay hikes delivered so far by companies, government data showed on Thursday. The wage data adds to concerns about Japan's growth outlook at a time U.S. President Donald Trump's sweeping tariffs stir uncertainty about the global economy. Japanese policymakers and analysts are concerned global trade tensions may offset the pay hike momentum and complicate the Bank of Japan's efforts to normalise monetary policy. Inflation-adjusted real wages, a key determinant of households' purchasing power, slumped 1.8 per cent in April from a year earlier after a revised 1.8 per cent drop in March and 1.5 per cent fall in February, labour ministry data showed. The consumer inflation rate the ministry uses to calculate real wages, which includes fresh food prices but not rent costs, eased slightly to 4.1 per cent year-on-year in April from 4.2 per cent in March but stayed around 4 per cent for five months in a row. "While wages are steadily rising, prices remain high," said a labour ministry official. Regular pay, or base salary, rose 2.2 per cent in April, the fastest pace in four months. Overtime pay edged up 0.8 per cent, reversing a decline in March, while special payments grew 4.1 per cent. Total average cash earnings, or nominal pay, increased 2.3 per cent to 302,453 yen ($2,098.04) in April, the same as a revised increase in March. Major Japanese firms on average agreed to more than 5 per cent pay hikes during annual spring wage talks in March. While some of those were already implemented in April, the labour ministry official said the newly agreed pay hikes would be gradually reflected in future wage data. ($1 = 144.1600 yen)

Saudi Arabia cuts July oil prices for Asia to nearly 4-year low after OPEC+ supply boost
Saudi Arabia cuts July oil prices for Asia to nearly 4-year low after OPEC+ supply boost

CNA

time9 hours ago

  • CNA

Saudi Arabia cuts July oil prices for Asia to nearly 4-year low after OPEC+ supply boost

Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in four years on Wednesday, in what the market sees as the country's attempt to regain market share. Saudi Arabia has pushed OPEC+ this year to raise its output targets ahead of schedule. OPEC+ has cited healthy demand and low stocks as the reasons behind increasing production. Those reasons would normally prompt producers to raise selling prices. Saudi Arabia's state firm Aramco cut the official selling price for the flagship Arab light crude it sells to Asia for July to $1.20 a barrel above the Oman/Dubai average. The OSP premium for June was $1.40 a barrel and in May it was $1.20. A Reuters survey had expected the price cut for Arab light in July to be 40 to 50 cents. Saudi crude OSPs are usually released around the fifth day of each month, and set the price trend for other grades exported by Iran, Kuwait and Iraq, affecting about 9 million barrels per day of crude bound for Asia. Eight OPEC+ countries met on Saturday and agreed to another big increase of 411,000 bpd for July, having increased by the same amount for May and June. The tables below show the full free-on-board prices for June in U.S. dollars. Saudi term crude supplies to Asia are priced as a differential to the Oman/Dubai average: July June CHANG E SUPER 1.75 1.95 -0.20 LIGHT EXTRA 1.00 1.20 -0.20 LIGHT LIGHT 1.20 1.40 -0.20 MEDIUM 0.75 0.85 -0.10 HEAVY -0.30 -0.30 0 Prices at Ras Tanura destined for United States are set against ASCI: July June CHANG E EXTRA 5.75 5.65 0.10 LIGHT LIGHT 3.50 3.40 0.10 MEDIUM 3.50 3.50 0 HEAVY 3.05 3.05 0 Prices at Ras Tanura destined for Northwest Europe are set against ICE Brent: July June CHANG E EXTRA 4.85 3.05 1.80 LIGHT LIGHT 3.25 1.45 1.80 MEDIUM 2.45 0.65 1.80 HEAVY 0.05 -1.75 1.80 Prices at Ras Tanura for Saudi oil destined for the Mediterranean are set against ICE Brent: July June CHANG E EXTRA 4.75 2.95 1.80 LIGHT LIGHT 3.05 1.25 1.80 MEDIUM 2.45 0.65 1.80 HEAVY -0.25 -2.05 1.80

Two Chinese nationals charged over theft on Scoot flight from KL to Singapore
Two Chinese nationals charged over theft on Scoot flight from KL to Singapore

CNA

time10 hours ago

  • CNA

Two Chinese nationals charged over theft on Scoot flight from KL to Singapore

Two Chinese nationals could face up to three years in jail, after they were arrested for theft on a Scoot flight on Jun 2. Two debit cards and S$169 in cash were allegedly stolen. Court documents said a crime committed on a Singapore-registered plane is subject to Singapore law, regardless of where the plane is flying. An off-duty police officer on the flight saw the accused acting suspiciously and alerted the authorities after disembarking from the aircraft. Mr John Tan, lead professional officer of SIT's aviation management degree programme, shared more about in-flight thefts and what airlines are doing to tackle the issue.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store