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Armenian President Vows To Focus On Economic Rise

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  • Armenian President Vows To Focus On Economic Rise

    ARMENIAN PRESIDENT VOWS TO FOCUS ON ECONOMIC RISE

    SME Times, India
    April 10 2013

    Armenian President Serzh Sargsyan vowed to focus on the country's
    economic development, as he was sworn in for a second term in Yerevan
    on Tuesday.

    Sargsyan, who garnered about 57 percent of the vote in the February
    election, was inaugurated at a special session of the National Assembly
    held outside the parliament building Tuesday .

    He is Armenia's third president since the country gained independence
    from the Soviet Union in 1991.

    Sargsyan, in his inaugural address Tuesday, said the country's priority
    in the coming five years would be economic development.

    Armenia would focus on solving three "main challenges" namely
    migration, unemployment and poverty, he added.

    According to Armenian constitution, the prime minister and the cabinet
    should resign on the day the president assumes office, and should
    continue to perform their duties until a new government is put in
    place within 20 days.

    http://www.smetimes.in/smetimes/news/global-business/2013/Apr/10/armenian-president-vows-to-focus-on-economic-rise629048.html

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