For 2016 Fiscal Year Budget Act.

Original Language Title: LEY DE PRESUPUESTO PARA EL EJERCICIO FISCAL 2016.

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LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR

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DECREE N ° 192

THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF EL SALVADOR,

use of their Constitutional powers and on the initiative of the Council of Ministers,

DECCRETA:

Art. 1.-Vote on the Budget Law, for the Fiscal Financial Year, which begins on January 1, and concludes the thirty-one December of two thousand sixteen.

Art. 2.-All commitments made by the Ministers, Deputy Minister of State, Presidents of Autonomy, Members of Decentralized Entities, Representatives or Delegates of the Institutions of the Public Sector not Financial, in the course of the present fiscal financial year, as a contribution

to international agencies, memberships, contributions, subscriptions and others, must be covered by your own budget allocations.

Art. 3. In the physical and financial execution of the projects financed with resources transferred to the Fund for Economic and Social Development of the Municipalities (FODES), it will be carried out in accordance with the provisions of the FODES Law and the Organic Law of State Financial Administration as relevant.

Art. 4.-For the financial year 2016, the amount of the minimum old-age and invalidity pension shall be US$ 207.60 per month and the minimum partial invalidity pension of US$ 145.32, in accordance with Articles 145, 209 and 225 of the The Law of the Pension Savings System.

Art. 5.-The Executive Body is authorized in the Ramo de Hacienda to issue Floating Debt pursuant to Art. 227 of the Constitution of the Republic, in order to cover temporary deficiencies of

income up to an amount not exceeding 30% of the current revenue.

Art. 6.-In order to guarantee fiscal sustainability, the Ministry of Finance may

suspend during the present fiscal financial year the contributions of the State to which the Law of the Mutual Fund of Employees refers. of the Ministry of Education and the Law of the Social Security and Social Security System of the Advocate.

Art. 7.-In the event of death, the beneficiaries of the employees appointed by the Wage, Contract or Jornal Law, whose entities have programmed in their budget the resources for the insurance

of life, will not have the right to charge the one that grants the State through the Ministry of Finance.

Art. 8.-All the institutions that are governed by the Organic Law of Financial Management of the

State, must have the prior authorization of the Ministry of Finance for any reorientation in the use of resources of compensatory measures between projects or among other allocations, when they are financed with the General Fund.

Art. 9.-The Ministry of Finance is empowered to transfer from the appropriations voted in current expenditure of the Judicial Authority, the resources necessary to cover the payment of the debt service originated by the Loan Contracts signed with the Official Credit Institute of the Kingdom of Spain (ICO)

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and the International Bank for Reconstruction and Development (IBRD), intended to finance the equipment and installation of the Laboratory of Genetic Footprint and the "Modernization Project of the Judicial Organ".

Art. 10.-In order to contribute to the prudent and disciplined management of public expenditure, and as a commitment of State, all Central Government institutions and Decentralized Institutions

Non-Business Subsidies, including the Executive Hydroelectric Commission of the Lempa River and the Salvadoran Social Security Institute, will have to apply as appropriate and without violation of its laws of creation, the Policy of Savings and Austerity of the Public Sector, issued by

the Executive Body.

Art. 11.-For the financial year 2016, only the constitution of

accounting provisions of those outstanding commitments that correspond to goods and services received in full during that financial year shall be permitted. The Ministry of Public Health and the Ministry of Public Health and the Ministry of Public Health will be required to provide

necessary guidelines. In the case of investment projects, they must be at the execution stage.

In the case of those agreements, agreements or contracts duly legalized, whose goods and services are not received during 2016, they will not be able to These commitments must be covered by the allocations for the next financial year.

Art. 12.-In compliance with the provisions of Art. 8 of the Law on Monetary Integration, the Public Institutions subject to the provisions of the Organic Law of the State Financial Administration are empowered to issue or contract obligations in currencies other than the dollar,

employ financial services to ensure currency risk coverage from their budgetary allocations.

The coverage referred to in this provision will also be applicable to those credit operations already contracted.

It empowers those public institutions that have staff exercising functions abroad, whose payment of remuneration is made in other currencies different from the dollar, to take the necessary measures to avoid losses in the purchasing power of Currency exchange rate (s)

currency risk coverage in respect of currency risk coverage in respect of the payment of such item of expenditure.

Art. 13.-The Executive Body shall be empowered through the Ministry of Finance to enable, by means of a respective agreement, the budgetary allocations entered in Section B. 1. Special Budgets, Non-Business Decentralized Institutions, Romans II-Expenses, in the

corresponding to the National Hospitals and other institutions attached to the Health Ramo, with the amounts that are collected in excess each quarter, specifically from the estimates of the own revenue source approved in each of the respective Institutional Budgets.

Art. 14.-The institutions included in Section B. 2. Special Budgets, Public Enterprises, Romans II-Expenses, in the corresponding to the Executive Hydroelectric Commission of the Lempa River, the Autonomous Port Executive Commission and the National Administration of Aqueducts and

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Sewer to be through Agreement or Institutional Resolution and after opinion " favorable to the Ministry of Finance's Directorate-General for Investment and Public Credit, they can expand their

budget allocations as far as public investment projects are concerned, with the amounts that are collected in the excess during the implementation of this fiscal financial year, only in the different specific sources of income approved in their respective Budgets

regardless of whether the entity already has the financial resources. It is exempted from this provision when it relates to new sources of revenue. The entities shall forward to the General Directorate of the Budget of the Ministry of Finance, copy of the Agreements or Resolutions to which

this article refers.

Art. 15.-Facultada to the Executive Hydroelectric Commission of the Lempa River (CEL), to cancel

from the allocations of its own budget, the payment of subsidies for the consumption of electrical energy.

Art. 16.-Facultate to the Executive Body in the Ramo de Hacienda so that, by means of an Executive Agreement, and at the request of the institutions of the Public Sector, it may modify the budgetary structure of the Entities participating in the execution of the Programs of Progress and those that

are involved in the implementation of programs and projects related to Plan El Salvador Seguro and the Plan of the Alliance for Prosperity of the Northern Triangle, in order to incorporate the Budgetary Unit and Work Lines identifying the sectoral public actions to be implemented during the fiscal year 2016, whose funding will be charged to its institutional voting assignments.

Art. 17.-The resources entered in this Law of the Budget of the different institutions of the Public Sector, intended to finance activities related to the

gender equality and the application of the current legislation on equality and the eradication of gender-based violence.

And with the aim of ensuring the social development of the country, the allocations for financing programmes should also be declared non-transferable. social protection and social protection which are implemented to the benefit of the women, children, older adults, agriculture

family and other vulnerable population and in extreme poverty situation.

Art.18.-The creation of places by the system of

contracts and contracts is suspended for the present fiscal year financed from the resources of the General Fund, with the exception of medical and paramedical places, as well as the places for the staff of the Teaching Career, national defense personnel related to internal security tasks, personnel to exercise public security functions, control personnel

migration and administration of Penales Centers, Foreign Service personnel; positions of a guideline (Directors, Deputy Directors, Managers, Submanagers or the like), also those that are strictly necessary for reforms made to the Rules of Procedure of the Executive Body (RIOE) or for the creation

of new institutions according to their corresponding legal framework, for which they will have to comply with the provisions of the Art. 83 of the General Provisions of the Budgets.

The authorization of places is also suspended are funded from donation resources and other sources of external financing, which subsequently implies its absorption by the State from the General Fund, with the exception of those places whose absorption is established in the corresponding external loan or grant agreements in force.

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Art. 19.-To carry out the processes of hiring works, or to purchase goods and services to finance with funds from external loans in force and counter-items, including the award

and the signing of the respective contracts, the The executing institution may tender and contract on the basis of the total or partial amount of resources of the loan contracts approved and ratified by the Legislative Assembly, and must program within its institutional budget for each financial year

fiscal, the amounts necessary to cover your payment commitments based on the annual programming of execution of the contracts of works, goods and services, in accordance with the provisions of Art. 34 of the Organic Law of State Financial Administration.

Art. 20.-This Decree shall enter into force from the day of its publication in the Official Journal.

GIVEN IN THE BLUE HALL OF THE LEGISLATIVE PALACE: San Salvador, at the twenty-six days of the month of November of the year two thousand fifteen.

LORENA GUADALUPE PEÑA MENDOZA, PRESIDENT.

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

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 eleven days of the month of December of the year two thousand fifteen.

PUBESQUIESE,

Salvador Sánchez Cerén, President of the Republic.

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Juan Ramon Carlos Enrique Cáceres Chávez, Minister of Finance.

D. O. N ° 231 Tomo N ° 409

Date: 15 December 2015

GM/geg 23/02/2016

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