Armenian President Serzh Sargsyan has signed on Thursday a degree, appointing Karen Karapetyan as Prime Minister of the Republic of Armenia.

“Guided by Part 4 of Article 55 of the RA Constitution of the 2005 amendments, I decide: To appoint Karen Karapetyan as Prime Minister of the Republic of Armenia,” reads the President’s decree available on the official website of the President’s office.

To add, the new cabinet will be formed within a period of twenty days upon the recommendation of the Prime Minister.