Law 503

Original Language Title: Ley 503

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law no 503

LAW OF 27 FEBRUARY 2014

EVO MORALES AYMA

CONSTITUTIONAL PRESIDENT OF THE PLURINATIONAL STATE OF BOLIVIA

For the Plurinational Legislative Assembly, it has The following Law:

THE PLURINATIONAL LEGISLATIVE ASSEMBLY,

D E C R E T A:

Single Article.

l. Pursuant to Article 158, Paragraph I numeral 10, of the State Political Constitution, is

approves the Loan Contract No. 3091 /BL-BO, subscribed to by the State Plurinational of Bolivia and the Inter-American Development Bank? IDB, dated January 8, 2014, in the amount of US$ 60,000,000.-(Sixty Million 00/100 U.S. Dollars), destined for the financing of the? Water Potable and Sewerage Program Periurban Phase II?.

II. The Ministry of Economy and Public Finance, through the General Treasury of the Nation, is authorized to assume the repayment

of 50% of the obligations that are incurred in the execution of the said Loan Agreement approved by this Law, and the remaining 50% to the Departmental Autonomous Governments that receive resources from the Loan Contract, in the quota party that corresponds to them.

Remitase to the Executive Body for constitutional purposes.

In the Chamber of Sessions of the Plurinational Legislative Assembly, at the twentieth day of the month February

year two thousand fourteen.

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 twenty-seventh day of February of the year two thousand fourteen.

FDO. EVO MORALES AYMA, Juan Ramon Quintana Taborga, Elba Viviana Caro Hinojosa, Luis Alberto Arce

Catacora, José Antonio Zamora Gutiérrez, Amanda Davila Torres.