Armenia's Nikol Pashinyan announced his resignation from the post of prime minister in a televised address to the nation on Tuesday evening.

The move comes amid Pashinyan's government resolute commitment to hold early parliamentary elections in December. The prime minister and his allies had said numerous times that they intended to hold new parliamentary elections in the country in December and remained unyielding to calls by former ruling Republican Party to postpone the early elections until May or June of next year.

Snap elections were the cornerstone of Pashinyan's government program which he had submitted to the parliament in June. Pashinyan was elected as PM of Armenia by the country's National Assembly after former president turned-prime minister Serzh Sargsyan resigned on April 23 under immense public pressure provided by weeks of nationwide protest against Sargsyan and his Republican Party.

Under Armenia's constitution, the parliament will be tasked with electing a new PM after Pashinyan's resignation. However, if no one is elected after 2 attempts in a 14-day period, the parliament then is automatically dissolved, and new elections are called no earlier than 30 days and no later than 45 days after its dissolution.

All 4 factions represented in Armenia's National Assembly have already announced they were not planning to nominate a candidate for prime minister during the 14 days following the prime minister's resignation.

Nikol Pashinyan and his cabinet ministers will continue to serve as acting members of the government until a new government is formed after the elections.