Law 647

Original Language Title: Ley 647

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law n ° 647

LAW OF 15 JANUARY 2015

EVO MORALES AYMA

CONSTITUTIONAL PRESIDENT OF THE PLURINATIONAL STATE OF BOLIVIA

For the Legislative Assembly Plurinational, has sanctioned the following Law:

THE PLURINATIONAL LEGISLATIVE ASSEMBLY,

D E C R E T A:

Single Article.

I. In accordance with Article 158, Paragraph I numeral 10, of the Constitution of the State, is

approves the Contract of Loan BOL-24/2014, signed between the Plurinational State of Bolivia and the Financial Fund for The Development of the Silver Basin-FONPLATA, dated December 18, 2014, for an amount of up to $us13,400,000.-(Thirteen Million Thousand 00/100 of American Dollars), for the execution of the?Project Construction of Flood Protection Works in the Watersheds of the Department of Santa Cruz?.

II. The Ministry of Economy and Public Finance, through the General Treasury of the Nation-TGN, is authorized to assume the repayment of the obligations that are incurred in the execution of the aforementioned Loan Contract approved by this Law.

Remit to the Executive Body for constitutional purposes.

It is given in the Session Room of the Plurinational Legislative Assembly, at the twelve days of the month of January of the year

two thousand fifteen.

Fdo. Eugenio Rojas Aapza, Marcelo William Elio Chavez, Efrain Condori Lopez, Roxana Camargo Fernandez,

Carlos Aparicio Vedia, Angel David Cortes Villegas.

Therefore, it is enacted so that it has and will comply with the Law of the Plurinational State of Bolivia.

Palace of Government of the city of La Paz, at the fifteenth day of the month of January of the year two thousand fifteen.

FDO. EVO MORALES AYMA, Juan Ramon Quintana Taborga, Elba Viviana Caro Hinojosa, Luis Alberto Arce Catacora, Arturo Vladimir Sanchez Escobar, Amanda Davila Torres.