Minister Sargsyan initiated a number of reforms in the field of public procurement to increase accountability and transparency of the process.
One of the successes of this reform was the implementation of the E-procurement system, as well as improvement of the appealing procedures and the public control over them.
As a result of undertaken reforms, the level of transparency of public administration bodies improved sharply, due to which Armenia became the first country in the world to disclose the government expenditures on-line on daily basis through the “interactive budget” application.
He initially worked as a Leading Specialist in Public Debt Management Department of the Ministry of Finance and Economy of and later, in 1998–1999, he worked as a Chief Specialist in the External Debt Management Department of the Ministry of Finance and Economy of Armenia.
In 2004–2007, Mr. Sargsyan was the Secretary to the Regional Group of Banking Supervisors for Transcaucasus, Central Asia and Russian Federation.