AGL 37.94 Decreased By ▼ -0.54 (-1.4%)
AIRLINK 193.91 Decreased By ▼ -9.11 (-4.49%)
BOP 9.32 Decreased By ▼ -0.85 (-8.36%)
CNERGY 5.84 Decreased By ▼ -0.70 (-10.7%)
DCL 8.68 Decreased By ▼ -0.90 (-9.39%)
DFML 36.46 Decreased By ▼ -3.56 (-8.9%)
DGKC 92.54 Decreased By ▼ -5.54 (-5.65%)
FCCL 33.97 Decreased By ▼ -0.99 (-2.83%)
FFBL 82.30 Decreased By ▼ -4.13 (-4.78%)
FFL 12.75 Decreased By ▼ -1.15 (-8.27%)
HUBC 120.61 Decreased By ▼ -10.96 (-8.33%)
HUMNL 13.60 Decreased By ▼ -0.42 (-3%)
KEL 5.22 Decreased By ▼ -0.39 (-6.95%)
KOSM 6.52 Decreased By ▼ -0.75 (-10.32%)
MLCF 42.11 Decreased By ▼ -3.48 (-7.63%)
NBP 59.81 Decreased By ▼ -6.57 (-9.9%)
OGDC 211.17 Decreased By ▼ -9.59 (-4.34%)
PAEL 37.58 Decreased By ▼ -0.90 (-2.34%)
PIBTL 8.07 Decreased By ▼ -0.84 (-9.43%)
PPL 190.32 Decreased By ▼ -7.56 (-3.82%)
PRL 38.17 Decreased By ▼ -0.86 (-2.2%)
PTC 23.45 Decreased By ▼ -2.02 (-7.93%)
SEARL 97.94 Decreased By ▼ -5.11 (-4.96%)
TELE 8.22 Decreased By ▼ -0.80 (-8.87%)
TOMCL 35.03 Decreased By ▼ -1.38 (-3.79%)
TPLP 13.55 Decreased By ▼ -0.20 (-1.45%)
TREET 22.73 Decreased By ▼ -2.39 (-9.51%)
TRG 52.87 Decreased By ▼ -5.17 (-8.91%)
UNITY 32.96 Decreased By ▼ -0.71 (-2.11%)
WTL 1.52 Decreased By ▼ -0.19 (-11.11%)
BR100 11,349 Decreased By -541.2 (-4.55%)
BR30 34,972 Decreased By -2384.1 (-6.38%)
KSE100 106,275 Decreased By -4795.3 (-4.32%)
KSE30 33,353 Decreased By -1555.7 (-4.46%)

Armenia's new President Armen Sarkisian was sworn in on Monday but power is expected to remain with his predecessor, who will likely become premier as the ex-Soviet republic shifts to a parliamentary form of government.
The former ambassador to the United Kingdom took the oath of office as president at an extraordinary parliamentary session, placing his right hand on a 7th-century manuscript of the New Testament, and the Armenian Constitution.
The 64-year-old then received blessings from the head of the Armenian Church, Catholicos Garegin II.
"We must consistently fight against corruption and social injustice," he told lawmakers. "We will succeed if we rally round this goal and work together - instead of drawing dividing lines."
Sarkisian's inauguration allows controversial 2015 constitutional amendments to come into force, turning the country into a parliamentary republic with a strong prime minister.
The political shift was initiated by the outgoing president Serzh Sarkisian - who is no relation to the new leader - and was approved in a referendum with 63 percent of the voters backing the changes.
Critics of pro-Moscow Serzh Sarkisian, 63, say the reforms have been designed to increase his power in a new capacity as premier.
He has already served as premier in 2007-2008 and so far has not explicitly confirmed that he will seek to become prime minister again. The ruling party has defended the constitutional reform as a move aimed at consolidating the Caucasus nation's democracy and improving the balance of power between the legislative and executive branches.
But the opposition has complained of widespread violations at polling stations during the December 2015 referendum, prompting thousands to rally in protest.
Council of Europe observers have said the referendum was marred by allegations of large-scale vote buying and multiple voting, among other irregularities.
Meanwhile, Serzh Sarkisian's plans for the future have become the main intrigue of Armenian politics.

Copyright Agence France-Presse, 2018

Comments

Comments are closed.