Law 388

Original Language Title: Ley 388

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now

Read the untranslated law here:

Law No. 388 law of 9 of July of 2013 EVO MORALES AYMA President constitutional of the State PLURINATIONAL of BOLIVIA as, the Assembly Legislative plurinational, has sanctioned the following law: the Assembly Legislative PLURINATIONAL, D E C R E T to: article only.
I. the implementation of road projects:? Santa Bárbara – Caranavi? Sapecho? Quiquibey?? Sucre? Ravelo?, and? Llallagua? Would Ravelo?, initially funded with the contract of loan signed with the Republic Bolivarian of Venezuela, approved by law N ° 4018 of 9 of April of 2009, will be funded with resources of the Treasury General of the nation? TGN. II. authorizing the Ministry of economy and finance, through the General Treasury of the nation, fund balances for the implementation of road projects:? Santa Barbara? Caranavi? Sapecho? Quiquibey?,? Sucre? Ravelo?, and the stretch? Llallagua? Chacapuco? from the Llallagua road? Ravelo, in charge of the Bolivian road administrator? ABC, for an amount of up to Bs.1.732.535.104.-(one thousand seven hundred and two million five hundred thirty five thousand hundred 34 00/100 Bolivianos). (III. with charge to them resources designated in the paragraph II: to) is authorizes to the organ Executive, through the Ministry of economy and finance public and the ABC, reconcile and consolidate them resources transferred of the Fund Rotary of projects vials of investment, created by the Decree Supreme N ° 1036 of 9 of November of 2011, for the execution of them mentioned projects road.
(b) the balance resulting of it conciliation designated in the subsection previous, will be financed preferably with the emission of titles value in markets of capital external or in its case with resources of the Treasury General of the nation.
IV. is authorised to the appropriate bodies of the Executive Body, according to its powers, make assignments, budget changes and adjustments necessary for the enforcement of this Act. SOLE ADDITIONAL PROVISION. The Ministry of development planning, should manage the amendment to the loan agreement signed between the plurinational State of Bolivia and the Bolivarian Republic of Venezuela, dated August 4, 2008, in the framework of the agreement signed in Riberalta on July 18, 2008; to modify the use and destination of the resources of the credit or reduce the amount committed. Refer to the Executive Body for constitutional purposes. Two thousand thirteen is given in the room sessions of the Assembly Legislative multinational, in the fifth day of the month of July of the year. FDO. Lilly Gabriela MONTAÑO Viana, Betty Asunta Tejada Soruco, Claudia Jimena Torres Chavez, Marcelina Chavez Salazar, Marcelo Elio Chavez, Angel David Cortez Villegas. I therefore enacted it is and meets as a law of the plurinational State of Bolivia. Government Palace of the city of La Paz, to the nine days of the month of July 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, Arturo Vladimir Sánchez Escobar, Amanda Davila Torres.