Mongolia’s Prime Minister Gombojav Zandanshatar has resigned after losing the confidence of parliament, according to China’s Xinhua News Agency. His departure comes just four months after taking office.
Lawmakers voted to dismiss Zandanshatar, a former foreign minister and parliamentary speaker, marking the second time in less than a year that a Mongolian prime minister has been forced out. His predecessor, Luvsannamsrai Oyun-Erdene, also stepped down amid corruption allegations and widespread protests.
Key developments:
• President Ukhnaa Khurelsukh will nominate a new prime minister, pending parliamentary approval.
• The reshuffle highlights ongoing political instability and public frustration over corruption and economic stagnation.
• The World Bank recently cut Mongolia’s 2025 growth forecast to 5.9%, down from 6.3%, citing weaker coal prices and global uncertainty.
Analysts warn that frequent leadership changes could undermine investor confidence in the resource-dependent economy.
Source: Reuters
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