Tigran Sargsian Puts In Application Of Resignation From Post Of Chai

TIGRAN SARGSIAN PUTS IN APPLICATION OF RESIGNATION FROM POST OF CHAIRMAN OF CENTRAL BANK

Noyan Tapan
April 10, 2008

YEREVAN, APRIL 10, NOYAN TAPAN. Tigran Sargsian, who was appointed
Prime Minister of the Republic of Armenia on April 9, put in an
application of resigntaion from the post of the Chairman of the
Central Bank on the eve.

This statement was made by Tigran Torosian, the Speaker of the RA
National Assembly, in the April 10 sitting.

According to the RA Constitution, the Chairman of the Central Bank is
appointed at the suggestion of the President of the republic by the
National Assembly for a six-year term. Thus, the National Assembly
is to make the appointment of the new Chairman of the Central Bank
through ballot in the near future.