Law 159

Original Language Title: Ley 159

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law no 159

LAW OF JULY 27, 2011

ALVARO GARCIA LINERA

PRESIDENT-IN-OFFICE 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:

Single Article.

I. In accordance with the provisions of Article 158 of the Constitution of the State Political Constitution, Article 158 of the Constitution, I approved the Agreement on Loan No. 2498 /BL-BO, signed between the Plurinational State of Bolivia and the Inter-American Bank of Development? IDB on March 26, 2011, for the sum of up to $us15.800,000.-(FIFTEEN MILLION EIGHT HUNDRED THOUSAND 00/100 U.S. DOLLARS), destined to finance the? Preinvestment Program in Strategic Transportation Projects?

II. The Ministry of Economy and Public Finance is authorized through the General Treasury of the Nation, to assume the repayment of the obligations that are incurred in the execution of the Loan Contract No. 2498 /BL-BO approved by this Law.

Remit to the Executive Body, for constitutional purposes.

Is given in the Sessions Room of the Plurinational Legislative Assembly, at the eleven days of July of the year two thousand eleven.

René Oscar Martínez Callahuanca, Hector Enrique Arce Zaconeta, Zonia Guardia Melgar, Carmen García M., Esteban Ramírez Torrico, Angel David Cortes Villegas.

Therefore, he promulgated it so that it has and will comply as the Law of the Plurinational State of Bolivia.

Palace of Government of the city of La Paz, at the twenty-seven days of the month of July two thousand eleven years.

FDO. ÁLVARO GARCÍA LINERA, David Choquehuanca Cespedes, Nilda Copa Condori, E. Viviana Caro Hinojosa, Luis Alberto Arce Catacora, Walter Dejal Delgadillo Third.