Serbia's President Vucic resigns ahead of October parliamentary elections

Serbia's President Aleksandar Vucic ‌announced his resignation on Sunday, ending his second and final five-year term and paving the way for early presidential elections, Reuters reported.

Vucic's resignation, seven months before his term ends, comes amid campaigning for Serbia's October 25 snap parliamentary vote and allows him to be appointed prime minister if his Serbian Progressive Party (SNS) ​forms the new government.

He had said in late June that he planned to resign and that Serbia would hold early parliamentary ​and presidential elections.

On Sunday, hundreds of Vucic's supporters ​cheered him in front of the Presidency building in Belgrade's city centre.

"This is the last evening for me in this building," he told ​the flag-waving crowd minutes before resigning.

"I have faithfully served you and my fatherland, Serbia, ... I am proud of what we have done together," he said.

Under Serbia's constitution, outgoing Parliament Speaker Ana Brnabic will serve as interim president until a new one is elected. The presidential election must be completed within 90 ​days, with the campaign lasting between 30 and 60 days.

"By the end of December ... we will have the first round of ​presidential elections," Vucic said.