Read the untranslated law here: http://www.asamblea.gob.sv/eparlamento/indice-legislativo/buscador-de-documentos-legislativos/reformase-la-ley-de-presupuesto-en-la-parte-correspondiente-al-ramo-de-agricultura-y-ganaderia/archivo_documento_legislativo
1 DECREE No. 185
THE LEGISLATURE OF THE REPUBLIC OF EL SALVADOR, CONSIDERING
I.- by Legislative Decree No. 814, dated February 4, 2009, published in the Official Gazette No. 30, Volume No. 382, 13 of the same year,
the Legislature authorized the Executive Branch in the Field of Finance, so that by the holder or the representative designated by him, subscribe on behalf of the State and Government of the Republic of El Salvador, a
Financing Agreement with the International Fund for Agricultural Development (IFAD), up to an amount equivalent to SDR 9,500,000.00 approximately FOURTEEN MILLION THREE HUNDRED TWENTY THOUSAND FOUR HUNDRED EIGHTY FIVE
38/100 DOLLARS oF tHE UNITED STATES oF AMERICA ($ 14,322,485.38), resources to finance the implementation of the "Development and Modernization Project for the Central Region Rural and Paracentral (PRODEMOR-Central)".
II.- by Legislative Decree No. 125, dated September 24, 2009, published in the Official Gazette No. 211, Volume No. 385, November 11 the same year, was approved in all its parts the Loan Agreement No. 728-SV
signed on April 8, 2009 by the Government of the Republic of El Salvador and IFAD, for a total of FOURTEEN MILLION THREE HUNDRED TWENTY FIVE THOUSAND FOUR HUNDRED EIGHTY DOLLARS 38/100
THE UNITED STATES OF AMERICA ($ 14,322,485.38).
III.- That the amount corresponding to the IFAD Loan Agreement No. 728-SV
mentioned before, the Ministry of Agriculture and Livestock has accrued during fiscal years 2009-2014, the amount of $ 13,483,332.04, for the purpose to finance the implementation of the Investment Project 4377 "Project Development and Rural Modernization
for Central and Paracentral Region (PRODEMOR- Central)"; Also, in the current Budget Act voted by Legislative Decree No. 866, dated November 20, 2014, published in the Official
No. 229, Volume No. 405, Journal of 8 December of the same year, they planned resources from the aforementioned loan of $ 518,925.00 of which $ 514,146.00 was accrued, reflecting the date
amount available for $ 4,779.00.
IV.- That the bouquet of Agriculture requested to incorporate the current
Budget Act of 2015 the amount of $ 450,000.00 of which $ 320,228.00 availability include undisbursed IFAD Loan No. 728-SV and the difference for $ 129,772.00 is a remnant from the difference
exchange of Special Drawing Rights against the dollar, to strengthen the Project 4377 "Development and Modernization Project for the Central Region Rural and Paracentral (PRODEMOR-Central)" with the purpose of financing needed to consolidate processes
2 organizational and business strengthening activities and the activities of the technical closure of the Project, such as studies results and effects || | generated by the project intervention, systematization of experiences and knowledge management and audits for normal closing of the financial operations of loan
V.- That by Legislative Decree No. 58 dated 23 July. 2015, published in the Official Gazette No. 146, Volume No. 408, August 14 the same year, the Legislature authorized the
Bouquet of Agriculture, to conduct investment resources IFAD Loan N # 728-SV still available for the completion of that project 4377 and subsequent closure of
same until the deadline of 30 June 2016. that
VI.- the purpose that the Field of Agriculture Livestock can use the resources available
IFAD Loan No. 728-SV, it is necessary to change the current Budget Act of 2015, Section II - INCOME, increasing the specific source 31404 of multilateral organizations, with | || amount of four hundred fifty thousand 00/100 DOLLARS oF tHE UNITED STATES oF AMERICA ($ 450,000.00) and in Section III - CURRENT, on the part corresponding to the bouquet of Agriculture, Rural Development Budget Unit 07, increasing the Line I work 03
Development Program for Rural Modernization (PRODEMOR- Central) Central and Paracentral Regions, with a total of four hundred fifty thousand 00/100 DOLLARS oF tHE UNITED STATES oF AMERICA ($ 450,000.00).
in exercise of its constitutional powers and initiative of the President of the Republic, through the Minister of Finance. DECREES
Art. 1. In the current Budget Law, Section -A General State Budget
introduced the following changes:
A) In Section II - INCOME, Item 31 Public Debt, Contracting 314
Account of External Borrowings, 31404 increméntase Source Specific multilateral agencies as well:
Loan No. 728-SV, signed with the International Fund for Agricultural Development (IFAD), resources to be allocated to finance the implementation of the "Development and Modernization Project for the Central Region Rural
and Paracentral (PRODEMOR-Central)", approved by Legislative Decree No. 125, dated September 24, 2009, published in the Official Gazette No. 211, Volume No. 385, November 11 the same year (Bouquet of Agriculture). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 450.000
B) In Section III - CURRENT, on the part corresponding to the bouquet of Agriculture, in paragraph 4. Budget Allocation Heading Grouping, Source
Finance and Economic Destination, Budget Unit 07 Rural development assignments Working Line 03 "development and Modernization Program for Central and Rural Regions Paracentral (PRODEMOR-Central)" increase, with
the amount of $ 450,000.00 and in paragraph 5. List of Projects
4: Public Investment, Project 4377 and increases. Budget Allocation by Category Grouping, Funding Source and Destination
Budget Unit Economic and Budgetary Line Encryption Working 54
Procurement of Goods and Services
55 Financial Expenses and Other
62 Transfer of Capital Expenditure Capital
07 Rural Development 2015-4200-4-07-03-22-3 External Loan Program for Rural Development and Modernization | || Central and (PRODEMOR- Central) Regions Paracentral
21,430 21,430 297,600
297,600 450,000 450,000
130.970 Total 21,430
450,000 297,600 5. List of Public Investment Projects Project 4377 is increased, in the following amount:
Project Funding Source Code Meta Physics
Geographic Location Date Project Funding Amount
Rural Development 07 03 Program Development and Rural Modernization for the Central Regions and for Central (PRODEMOR-Central)
and Rural Development Project for Modernization and Paracentral Central Regions (PRODEMOR-Central), IFAD Loan No. 728-SV || | External Loan Producers
7.500 Cabañas, La Paz, San Vicente, Cuscatlan and San Salvador. Dic./2015
450,000 450,000 450,000 Total
C) The resources are incorporated by this Legislative Decree
worth four hundred fifty thousand 00/100 DOLLARS UNITED STATES oF AMERICA ($ 450,000.00) shall be applied to the Source of Funds 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
GIVEN IN THE BLUE ROOM OF THE LEGISLATIVE PALACE: San Salvador, on the nineteenth day of November in the year two thousand and fifteen.
LORENA GUADALUPE MENDOZA PEÑA, PRESIDENT.
GUILLERMO ANTONIO NAVARRETE GALLEGOS Ana Vilma Albanez de Escobar, FIRST VICE. SECOND VICE PRESIDENT.
ORANTES SERAFIN JOSE RODRIGUEZ, NORMAN NOEL GONZALEZ Quijano, THIRD VICE. FOURTH VICE.
SANTIAGO FLORES ALFARO, FIFTH VICE.
GUILLERMO FRANCISCO MATA BENNETT, DAVID ERNESTO MOLINA REYES, First Secretary. Second Secretary.
MARIO ALBERTO GUERRERO TENORIO, REYNALDO ANTONIO LOPEZ Cardoza Third Secretary. Fourth secretary.
JACKELINE AVALOS NOEMI RIVERA, JORGE ALBERTO ESCOBAR BERNAL, QUINTA Secretariat. SIXTH SECRETARY.
ABILIO Orestes MENJIVAR RODRIGUEZ, JOSE FRANCISCO LOPEZ MERINO, seventh Secretary. EIGHTH SECRETARY.
PRESIDENTIAL HOUSE: San Salvador, two days of December in the year two thousand and fifteen.
Salvador Sanchez Ceren, President of the Republic.
Juan Ramon Caceres Carlos Enrique Chavez
Minister of Finance.
OJ No 224 Tomo No. 409 Date: December 4, 2015.
SP / pch 08.01.2016.
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