law no 425
LAW OF OCTOBER 17, 2013
EVO MORALES AYMA
CONSTITUTIONAL PRESIDENT OF THE PLURINATIONAL STATE OF BOLIVIA
For the Plurinational Legislative Assembly, it has Sanctioned the following Act:
THE PLURINATIONAL LEGISLATIVE ASSEMBLY,
D E C R E T A:
I. Pursuant to Article 158, Paragraph I Numeral 10, of the Constitution of the State, is
approves the Contract of Loan No. 2908 /BL-BO signed between the Plurinational State of Bolivia and the Inter-American Bank Development? IDB, dated August 14, 2013, for the sum of up to $us47,000,000.-(Forty-Seven Million 00/100 American Dollars), destined for financing of the? La Ceja's Multiphase Urban Reorder Program, Phase I?.
II. The Ministry of Economy and Public Finance, through the General Treasury of the Nation, is authorized to assume repayment
of the debt for 92% equivalent to $us43,450,000.-(Forty-three Million Four-hundred Fifty Thousand 00/100 U.s. Dollars).
III. The local contribution established in the Loan Contract No. 2908 /BL-BO, will be in charge of the Autonomous Government
Municipal of El Alto, as well as the repayment of the debt by the 8% equivalent to $us.3,550,000.-(Three Million Five Hundred Fifty Thousand 00/100 U.s. Dollars).
Remit to the Executive Body for constitutional purposes.
It is given in the Session Room of the Plurinational Legislative Assembly, on the fourteenth day of October of the
year two thousand thirteen.
Fdo. Nelida Sifuentes Cueto, Betty Asunta Tejada Soruco, Andres Agustín Villca Daza, Marcelina Chavez Salazar, Marcelo Elio Chavez, Angel David Cortez Villegas.
Therefore, it is enacted so that it has and will comply with the Law of the Plurinational State of Bolivia.
City of El Alto, at the seventeenth day of October of the year two thousand thirteen.
FDO. EVO MORALES AYMA, David Choquehuanca Cespedes, Juan Ramon Quintana Taborga, Elba Viviana
Caro Hinojosa, Luis Alberto Arce Catacora, Claudia Stacy Peña Claros, Amanda Davila Torres.