Law 425

Original Language Title: Ley 425

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Read the untranslated law here:

Law No. 425 law of 17 October 2013 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.
I. in accordance with the provisions of article 158, paragraph I article 10 of the political Constitution of the State, approved the loan agreement No. 2908/BL-BO the plurinational State of Bolivia, the Inter-American Development Bank signed? BID, on date of August 14, 2013, for the sum of up to $us47.000.000.-(forty-seven million dollars 00/100 Americans), destined to finance of the? Multiphase urban rearrangement of the eyebrow, phase I program?.
II. authorizing the Ministry of economy and finance, through the General Treasury of the nation, assume the debt repayment by 92% equivalent to $us43.450.000.-(forty-three million four hundred fifty thousand 00/100 US dollars).
III. the local contribution established in the loan agreement No. 2908/BL-BO, will be in charge of autonomous Municipal Governments of the high, as well as the repayment of debt by 8% equivalent to $us.3.550.000.-(three million five hundred fifty thousand 00/100 US dollars).
Refer to the Executive Body for constitutional purposes.
Two thousand thirteen is given in room sessions of the Assembly Legislative plurinational, fourteen days after the month of October in the year.

FDO. Nélida Sifuentes Cueto, Betty Asunta Tejada Soruco, Andres Agustin Villca Daza, Marcelina Chavez Salazar and Marcelo Elio Chavez, Angel David Cortez Villegas.
I therefore enacted it is and meets as a law of the plurinational State of Bolivia.
City of El Alto, the seventeenth day of the month of October in the year two thousand thirteen.
FDO. EVO MORALES AYMA, David Choquehuanca Céspedes, Juan Ramón Quintana Taborga, Elba Viviana Caro Hinojosa, Luis Alberto Arce Catacora, Claudia clear Stacy Pena, Amanda Davila Torres.