Prosperous Armenia party doesn’t consider participation in coalition formation reasonable.

“All the statements issued during Prosperous Armenia’s 6th congress conveyed the need for changes in the life of the country and the people.

“We maintained a common position throughout the whole election campaign. I have repeatedly stated that I pursue no personal goals other than political. Moreover, I reiterate readiness to incur a loss for the sake of maintenance of public trust.

According to polling results, Prosperous Armenia garnered about half a million votes. These people voted for our party, out of faith in us and the demand for tangible changes in the country’s social and economic life. Given the election outcomes, Prosperous Armenia has no constitutional possibility to participate in government formation and implement its programs. Thus, I declare that our party doesn’t deem participation in coalition formation reasonable,” the statement by party leader Gagik Tsarukyan reads.

“Prosperous Armenia will continue to play a significant role in Armenia’s political life, having constructive and balanced participation in the social-political life of the country.

Prosperous Armenia will have an active and effective parliamentary group.

I sincerely wish the establishing government success and efficiency,” the party head said.