Reform Is The Law Of Budget, In The Field Of Agriculture And Livestock, To Incorporate $13,980.00.

Original Language Title: REFÓRMASE LA LEY DE PRESUPUESTO, EN EL RAMO DE AGRICULTURA Y GANADERÍA, PARA INCORPORAR $13,980.00.

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LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR

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DECREE N ° 344

THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF EL SALVADOR,

CONSIDERING:

I.-That by Legislative Decree No. 144, dated November 16, 2006, published in Official Journal No. 229, Volume N ° 373, of December 7 of the same

year, the Legislative Assembly authorized the Executive Body to the Ramo de Hacienda, so that by means of its holder or the official that he will appoint, he will subscribe on behalf of the State and Government of the Republic of El Salvador, a

IFAD Loan Financing Agreement N ° 666-SV, with the International Fund for Agricultural Development (IFAD), for the amount of SDR 9,950,000, approximately equivalent to FOURTEEN MILLION THREE HUNDRED AND EIGHT THOUSAND

ONE HUNDRED ONE 89/100 DOLLARS FROM THE UNITED STATES OF AMERICA ($14,308,101.89) and a Donation No. 784-SV, for an amount of DEG 670,000, equivalent approximately to NINE HUNDRED AND SIXTY-THREE THOUSAND

FOUR HUNDRED AND SIXTY 13/100 DOLLARS FROM THE UNITED STATES OF AMERICA ($963,460.13), resources for the implementation of the "Rural Development and Modernization Project for the Eastern Region (PRODEMORO)", in this sense, dated January 22, 2007, the Government of the Republic of El

Salvador and the International Development Fund Agriculture signed the Financing Convention No. 666-SV and Donation No. 784 -SV, which was ratified in all its parts by Legislative Decree No. 742 dated November 5

2008, published in the Official Journal No. 211, Volume N ° 381, from 10 of the same month and year.

II.-That of the amount corresponding to the Agreement of Loan IFAD N ° 666-SV per DEG 9,950.000, to date the amount of DEG 9,829,228 has been executed, reflecting an availability of DEG 120,772, equivalent to $182,466.00, according to

the current trading minute exchange rate, of which value in this The opportunity is required to incorporate into the Law of Budget 2016, voted by Legislative Decree N ° 192, dated November 26, 2015,

published in Official Journal No. 231, Volume N ° 409, of December 15 of the same year, the amount of $13,980.00 for the program 3752 " Project Development and Rural Modernization of the Eastern Region (PRODEMORO) ", with

the purpose of financing the salaries of staff and expenses for the basic unit responsible for completing the phase of completion, closure and liquidation of the aforementioned project for the months of February and March 2016.

III.-That for the purpose of making the modification requested by the Ramo of Agriculture and Livestock, it becomes necessary to reform the Law of Budget

in force of 2016, increasing in Section II-REVENUE, the Source Specifies 31404 Of Multilateral Organizations, with the amount of THIRTEEN THOUSAND NINE HUNDRED AND EIGHTY 00/100 DOLLARS OF THE UNITED STATES OF AMERICA ($13,980.00) and in Section III-EXPENSES, in the part

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corresponding to the Agriculture and Livestock Ramm, Budget Unit 07 Development Rural, incorporating the Working Line 04 Development Project

Rural for the Eastern Region (PRODEMORO), with an amount of THIRTEEN THOUSAND NINE HUNDRED AND EIGHTY 00/100 US DOLLARS FROM THE UNITED STATES ($13,980.00).

FOR TANTO,

in use of its Constitutional powers and on the initiative of the President of the Republic, through the Minister of Finance.

DECCRETA:

Art. 1.-In the current Budget Law, Section -A General Budget of the State, are introduced

the following modifications are indicated:

A) In Section II-INCOME, Headings 31 Public Indebtedness, Account 314

External borrowings, increase the specific source 31404 of Multilateral Organizations, as well:

Loan No. 666-SV, subscribed to the International Fund for Agricultural Development (IFAD), resources that will be used to finance the execution

of the " Rural Development and Modernization Project for the Eastern Region (PRODEMORO) ', adopted by Legislative Decree No 742 of 5 November 2008, published in Official Journal No 211, Volume N °

381, 10 of the same month and year (Ramo of Agriculture and Livestock).............. $13,980

B) In Section III-EXPENSES, in the part corresponding to the Land of Agriculture and Livestock,

Budget Unit 07 Rural Development, Numerals 3. Relationship Purposes with Assigned Resources and 4. Budget Allocation by Grouping of Pool, Source of Financing and Economic Destination, the Working Line 04 Rural Development Project is incorporated for the

Eastern Region (PRODEMORO), with $13,980.00, as well:

3. Relationship Purposes to Assigned Resources

Budget Unit and Purpose Cost Job Line

07 Rural Development

04 Rural Development Project for the Region O riental (PRODEMORO)

Giving compliance to the contractual commitments set out in the Loan Agreement Loan No. 666-SV IFAD and Donation No.

784-SV IFAD, signed between the Government of El Salv and the International Fund for Agricultural Development-IFAD and established in the A quota of the Management of Management undersigned between the Program of the United Nations for the Development- UNDP and the Ministry of Agriculture and Livestock-MAG, both related to the final phase of PRODEMORO Project and loan closure

and donation.

13,980

13,980

Total 13,980

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4.Budget Allocation by Grouping, Financing Source and Destination Economic

Budget Unit and Budget Encryption Line of Work

51 Remuneration

55 Financial Expenses

and Others

Total Expenses of

Capital

07 Rural Development

2016-4200-4-07-04-22-3 External Loans Rural Development Project for the Eastern Region (PRODEMORO)

13,345

13,345

635

635

13,980

13,980

Total 13,345 635 13,980

Also, the List of Public Investment Projects is modified, from External Loans, Incorporating the Investment Project with Code 3752 "Project for Development and Rural Modernization of the Eastern Region (PRODEMORO)", with $13,980.00, and the amount of the same as:

5. List of Public Investment Projects

Source Project Code

Physical Meta Funding Geographic Location

End Date

Project Monto

3752

07 Rural Development

04 Rural Development Project for the Eastern Region (PRODEMORO)

Rural Development and Modernization Project of the Eastern Region (PRODEMORO)

IFAD Loan No 666 -SV External Loan

Completion Report, Closure and Settlement of the Financing Agreement, Loan No. 666-SV and Donation No. 784-SV

San Miguel, Morazan, The Union and Usulutan

Marzo/2016

13,980

13,980

13,980

Total 13,980

C) The resources that are incorporated by this Legislative Decree by the value of THIRTEEN THOUSAND NINE HUNDRED AND EIGHTY 00/100 UNITED STATES DOLLARS ($13,980.00),

must be applied to the Source of Resources 16 International Fund for Agricultural Development (IFAD).

Art. 2. This Decree shall enter into force from the day of its publication in the Official Journal and its effects shall be rolled back from one February of two thousand sixteen.

GIVEN IN THE BLUE HALL OF THE LEGISLATIVE PALACE: San Salvador, to the Twenty-one day of the month of April of the year two thousand sixteen.

LORENA GUADALUPE PEÑA MENDOZA, PRESIDENT.

GUILLERMO ANTONIO GALLEGOS NAVARRETE, ANA VILMA ALMASEZ DE ESCOBAR, FIRST VICE PRESIDENT. SECOND VICE-PRESIDENT.

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JOSÉ SERAFIN ORANTES RODRÍGUEZ, NORMAN NOEL QUIJANO GONZÁLEZ, THIRD VICE PRESIDENT. FOURTH VICE-PRESIDENT.

SANTIAGO FLORES ALFARO, FIFTH VICE PRESIDENT.

GUILLERMO FRANCISCO MATA BENNETT, DAVID ERNESTO REYES MOLINA, FIRST SECRETARY. SECOND SECRETARY.

MARIO ALBERTO TENORIO GUERRERO, REYNALDO ANTONIO LÓPEZ CARDOZA, THIRD SECRETARY. FOURTH SECRETARY.

JACKELINE NOEMI RIVERA AVALOS, JORGE ALBERTO ESCOBAR BERNAL, FIFTH SECRETARY. SIXTH SECRETARY.

ABILIO ORESTES RODRÍGUEZ MENJÍVAR, JOSÉ FRANCISCO MERINO LÓPEZ, SEVENTH SECRETARY. EIGHTH SECRETARY.

CASA PRESIDENTIAL: San Salvador, at the twenty-nine days of the month of April of the year two thousand sixteen.

PUBESLOSE, Salvador Sánchez Cerén,

President of the Republic.

Juan Ramón Carlos Enrique Cáceres Chávez, Minister of Hacienda.

D. O. N ° 80

Took N ° 411 Date: May 2, 2016

FN/adar 25-05-2016

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