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The Mongolian Prime Minister resigned
Mongolian Prime Minister Norovin Altanhuyg received a vote of no confidence from the parliament, as a result of which he resigned, reports Bloomberg. Distrust of the premiere expressed 36 of 76 deputies, another 30 voted against.
Until a new cabinet minister is appointed, Vice-Premier Dendev Terbishdagwa will fulfill his duties.
The reason for the distrust of Altanhuyagu was the decline of Mongolia’s economy by 17,5% in 2011, as a result of protracted disputes between the government of the country and the Rio Tinto Group on the financing of the gold-copper mines of Oy-Tolgoi.