BISHKEK, August 14 (RIA Novosti. Yulia Orlova) - President-elect Kurmanbek Bakiyev was inaugurated as the president of Kyrgyzstan.

Putting his hand on the Constitution, Bakiyev read out the president's oath to the people and received a certificate of the President of Kyrgyzstan, a standard (flag) and a badge from the chairman of the Kyrgyz central electoral commission.

About 6,000 people attended the inauguration ceremony.

'I am looking into the future with hope and confidence. I know what has to be done to make the life of my people better, develop the economy and raise people's well-being," Bakiyev said in an inauguration statement.

He added that he intended to pursue a social and economic policy designed to bring prosperity to every family and to "return respect for authorities and law." He also intended to seek modern life standards while remaining faithful to the people's traditions.

Bakiyev was elected the president of Kyrgyzstan in early presidential elections in the country after the ousting of former Soviet-era leader Askar Akayev. Bakiyev won over 80% of the electors' vote.