ULAANBAATAR -- Mongolia is counting on a new sovereign wealth fund system likened to Norway's to ensure its resource riches are fairly distributed, but some worry the program is more of a political move than a real force for equitable development.
Economy
Mongolia digs in against doubts over fund to spread mining wealth
PM insists resources should benefit all; some question implementation, transparency
Mongolian Prime Minister Oyun-Erdene Luvsannamsrai, center, attends a commencement ceremony for underground production at the Oyu Tolgoi copper mine in the Gobi Desert in March 2023. © Reuters
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