Mongolian President Khaltmaa Battulga

Mongolian voters elected a former wrestling champion as their new president.

Official results released on Sunday show Khaltmaa Battulga from the opposition Democratic Party won 50.6 percent of the vote, while Miyeegombo Enkhbold of the governing Mongolian People’s Party had 41.2 percent.

The run-off election was held on Friday after none of 3 candidates won a majority in the first round in June.

Battulga, who is now a real estate tycoon, pledged to increase state control over the development of natural resources as well as boosting economic growth by promoting exports.

Mongolia’s economy is stagnant due to a fall in natural resource prices.

Analysts say Battulga’s patriotic slogan — “Mongolia will triumph” — attracted younger voters.

A Mongolian president has limited administrative power. The Mongolian People’s Party will continue to run the government, as it won more than 80 percent of the parliamentary seats in last year’s general election.

Analysts say the latest results suggest growing public discontent with the government.

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