Vladimir Putin is set to be inaugurated for a fourth term as president of Russia follwoing his decisive victory in the March elections.

The swearing-in ceremony is scheduled to take place in the Kremlin on Monday, which will also see the resignation of the current cabinet to pave the way for the formation of a new one.

President Putin was re-elected in March for another six-year term after securing more than 76 percent of the votes, in what was recorded as his best ever performance.

He also served as prime minister 2008 to 2012 when current Prime Minister Dmitry Medvedev was president.

Ahead of the ceremony, the president met with the outgoing cabinet members, thanking them for their efforts in overcoming past challenges.

“Our main task for the next few years is a significant raise of the citizens’ real income,” Putin was quoted as saying in a Kremlin statement.

Putin explained that state employees, including doctors, teachers and other professionals had already received a raise.

He said the government in the past six years had operated as a “good team,” adding that country witnessed “new challenges and extraordinary events in the country, as well as in the world.”

Moscow faced “the sharp fall of oil prices, attempts to put pressure via sanctions, the changes of the global political settings.”

Following his inauguration, Putin will have two weeks to recommend to the State Duma a candidate for the position of prime minister, who will then be tasked with forming a new government.

Over the weekend, Russian opposition supporters held protests in Moscow against the Putin government.

Russian police made some 300 arrests during the “unauthorized” gatherings, among them opposition leader Alexei Navaly, who was released shortly afterwards.

Navalny said in a tweet that he was released after police “registered two protocols against me: organization of a rally and resistance of the police.”

Source: Presstv