Reforming The Law Of Budget, In The Part That Corresponds To The National Institute Of Youth, Incorporating $860,506.00.

Original Language Title: REFÓRMASE LA LEY DE PRESUPUESTO, EN LA PARTE QUE CORRESPONDE AL INSTITUTO NACIONAL DE LA JUVENTUD, INCORPORANDO $860,506.00.

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LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR

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DECREE NO 60

THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF EL SALVADOR,

CONSIDERING:

I.-That dated April 10, 2002 was signed between the Republic of El Salvador and the Grand Duchy of Luxembourg the General Cooperation Agreement between both

countries, which was ratified by the Assembly. Legislative, by Legislative Decree No. 869, dated June 6, 2002, published in the Official Journal No. 118, Volume No. 355 of 27 of the same month and year; later, with date

23 March 2012, the Luxembourg Agency for Development Cooperation, acting under the mandate of the Ministry of Foreign Affairs and Immigration of the Grand Duchy of Luxembourg and the Republic of El Salvador,

signed the Financing Agreement to develop an operation of the Common Fund for Programmatic Support (FOCAP), in support of the "Program of Solidarity Communities in El Salvador", for an amount of 10,000,000 euros equivalent to

US$ 12,200,000.

II.-That the Community Solidarity Program includes urban and rural areas and whose priority is the reduction of poverty and social exclusion. Within

, the National Youth Institute (INJUVE) is implementing the Public Investment Project Code 5770 " Strengthening Youth Centers and Community Spaces in the Central, Western and Eastern Regions of El

Salvador, in support of the Solidarity Communities Program-FOCAP, which aims to activate community spaces and implement strategies that help young people develop skills and promote values

family, so that they integrate with the productivity of the country.

III. of the aforementioned Financing Convention, the Institute

National Youth Program for the fiscal year 2014 an allocation of US$ 1,300,000, to finance Project 5770 mentioned above, from which US$ 439,494 was paid, leaving a balance To be used for the value of

US$ 860,506; in addition, for the execution of this Project in the current year of 2015, resources from Donations for US$ 1,300,000 were programmed, of which US$ 1,180,790 are from the Union European and US$ 119,210 from the

Grand Duchy of Luxembourg; however, INJUVE has identified necessary and indispensable activities to achieve the proposed objectives of the aforementioned Project, so it requires the use of the balances not executed during 2014

for US$ 860,506.

IV.-That the incorporation of the non-executed balances during the year 2014 to the value of US$ 860,506, will allow the National Youth Institute to strengthen the institutional capacities and local governments, increase the economic and development opportunities for young people and their families, and

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execute preventive actions and programs aimed at reducing poverty, inequality economic and social exclusion from a youth perspective.

V.-That with the purpose that the National Youth Institute can have the budget credit that allows it to continue funding the Project of

Investment Public 5770 cited above, it is necessary to reform the existing Law of Budget, voted by Legislative Decree No. 866 dated November 20, 2014, published in Official Journal No. 229, Volume No. 405, of the

8 December of that year, increasing in Section II-REVENUE, the Rubro 22 Transfers of Capital, Account 224 Transfers of Capital of the External Sector, the Specific Source 22403 of Governments and Agencies

Government, with EIGHT HUNDRED AND SIXTY THOUSAND FIVE HUNDRED SIX 00/100 DOLLARS OF THE UNITED STATES OF AMERICA (US$ 860,506). Also, in Section III-EXPENSES, in the part corresponding to the Presidency of the

Republic, increases the allocations of the Budget Unit 11 Solidarity Communities-INJUVE-FOCAP-PACSES, Line of Work 01 Strengthening and Rehabilitation of Youth Spaces-FOCAP-PACSES, with

EIGHT HUNDRED AND SIXTY THOUSAND FIVE HUNDRED USD SEIS00/100 OF THE UNITED STATES OF AMERICA (US$ 860,506), corresponding to the aforementioned Donation Convention.

FOR TANTO,

in use of its Constitutional powers and on the initiative of the President of the Republic,

of the Finance Minister.

DECCRETA:

Art. 1.-In the current Budget Law, Section -A GENERAL BUDGET OF THE STATE, the following modifications are introduced:

A) In section II-REVENUE, Rubro 22 Transfers of Capital, Account 224 Transfers of Capital of the Sector External, increase the specific source 22403 of Governments and Agencies

Government, as well:

Financing Convention No. SVD/021-11 884, signed between the Agency

Luxembourg for Development Cooperation and the Republic of El Salvador to develop an operation of the Common Fund for Programme Support, FOCAP, to the "Program of Solidarity Communities in

El Salvador", according to the General Agreement of Cooperation between the two countries, ratified by the Legislative Assembly, by Legislative Decree No. 869, dated June 6, 2002, published in the Journal

Official No. 118, Volume No. 355, of the 27th of the same month and year.............. $860,506

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B) In section III-EXPENSES, in the part corresponding to the Presidency of the Republic, literal B. Resource allocation, in numeral 4. Budget Allocation by Pool,

Source of Financing and Economic Destination, increase the allocation of expenditure, with the amount shown below:

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

Budget Unit and Budget Encryption Work Line 54 Goods and Services Procurement

Capital Expenses

11 Communities Solidarity-INJUVE-FOAP-PACSES 2015 -0500-1-11-01-22-5 Donations Strengthening and Rehabilitation of Spaces

Youth-FOCAP-PACSES

860.506

860.506

860.506

860,506

Total 860,506 860,506

5. List of Public Investment Projects.

Increase the allocations of the Public Investment Project 5770 with US$ 860,506, leaving the

modified assignment as follows:

Project Code Source of Financing

Meta Physics

Geographic Location

End Date

Project Monto

5770

11 Solidarity Communities-INJUVE-FOCAP-PACSES 01 Strengthening and Rehabilitation of Youth Spaces-FOCAP-PACSES

Strengthening of Youth Centers and community spaces in the Central regions, Western and Eastern El Salvador, in support of the Solidarity Communities Program-FOCAP Grants

100% Advance

At National Level Dec./2015

2,160,506

2,160,506

2,160,506

Total 2,160,506

The resources from donations that are incorporated by this Decree

Legislative for US$ 860,506, must be applied to the Source of Resources 35 Ducado of Luxembourg.

Art. 2.-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-three days of July of the year two thousand fifteen.

LORENA GUADALUPE PEÑA MENDOZA, PRESIDENT.

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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 August of the year two thousand fifteen.

PUBESQUIESE,

Salvador Sánchez Cerén, President of the Republic.

Juan Ramón Carlos Enrique Cáceres Chávez, Minister of Hacienda.

D. O. No. 146 Took No. 408

Date: August 14, 2015

SV/adar 07-09-2015

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