Republicans nominate Karen Karapetyan for mayor

Republican Party of Armenia (RPA) has nominated Hayrusgazard Director Karen Karapetyan for Yerevan mayor.

The decision was made at the Thursday meeting of the party's board, chaired by President Serzh Sargsyan, RPA spokesman Edward Sharmazanov told Tert.am.

Lawyer Hrayr Tovmasyan's candidacy was proposed for justice minister. The session also decided to dismiss Nerses Yeritsyan from the post of minister of economy and nominate Finance Minister Tigran Davtyan for that position. The board also proposed Deputy Central Bank Chairman Vache Gabrielyan's candidacy for finance minister.

When asked to comment on this cabinet reshuffling, Sharmazanov said it is aimed at raising its effectiveness.