Mongolia’s ruling People’s Party (MPP) has come out on top in the country’s parliamentary elections but saw its majority slashed amid strong opposition gains, preliminary results showed on Saturday. With almost all ballots counted after Friday’s vote, the centre-left MPP looked set to secure a narrow majority by taking 68 of the 126 seats in parliament. In the previous election, the party had won 62 seats in the then 76-seat parliament. Prime Minister Luvsannamsrai Oyun-Erdene declared his MPP the winner of what was the ninth parliamentary election in Mongolia since the country became a democr…