Voting on for Mongol’s President

Voting is under way in Mongolia’s presidential runoff election on Friday.

The two candidates are Miyeegombo Enkhbold of the governing Mongolian People’s Party and Khaltmaa Battulga of the largest opposition Democratic Party.

This is the country’s first ever presidential runoff.

The main election issue is how to address fiscal reconstruction as Mongolia’s economy has slowed because of falling prices of natural resources.

Enkhbold has called for voters to support the government’s austerity measures and the use of foreign investments.

Battulga has suggested that the country should pursue economic growth by increasing government involvement in natural resources and boosting exports.

In the first round of voting last week, Battulga won 38.1 percent of the vote, and Enkhbold won 30.3 percent.

Most results are expected by early Saturday.

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