Law 503

Original Language Title: Ley 503

Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/151491

Law No. 503 law of 27 of February of 2014 EVO MORALES AYMA President constitutional of the PLURINATIONAL State of BOLIVIA, by how much, the plurinational Legislative Assembly, has sanctioned the following law: the Assembly Legislative PLURINATIONAL, D E C R E T A: single article.
l. of conformity to it established in the article 158, paragraph I numeral 10, of the Constitution political of the State, is approves the contract of loan no. 3091 / BL-BO, signed between the State multinational of Bolivia and the Bank Inter-American of development? IDB date on January 8, 2014, for an amount of US$ 60,000,000.-(sixty million 00/100 US dollars), destined to financing of the? Program of water drinking and sewer peri urban areas phase II?.
II. authorizing the Ministry of economy and finance, through the General Treasury of the nation, assume the repayment of 50% of the obligations that are incurred in the execution of the mentioned loan agreement approved by this law, and the remaining 50% departmental autonomous governments that receive resources of the loan contract, in the quota share that corresponds to them.
Refer to the Executive Body for constitutional purposes.
Two thousand fourteen is given in the room of sessions the Assembly Legislative plurinational, on the twentieth day of the month of February of the year.
FDO. Eugenio Rojas Apaza, Marcelo William Elio Chavez, Efrain Condori Lopez, Roxana Camargo Fernandez, Carlos Aparicio Vedia, Angel David Cortés Villegas.
I therefore enacted it is and meets as a law of the plurinational State of Bolivia.

Palace of Government of the city of the peace, to them twenty-seven days of the month of February in the year two thousand fourteen.
FDO. EVO MORALES AYMA, Juan Ramón Quintana Taborga, Elba Viviana Caro Hinojosa, Luis Alberto Arce Catacora, José Antonio Zamora Gutierrez, Amanda Davila Torres.