Read the untranslated law here: http://www.asamblea.gob.sv/eparlamento/indice-legislativo/buscador-de-documentos-legislativos/apruebase-el-presupuesto-extraordinario-del-fondo-del-milenio-ii-por-us-278-300-000.00/archivo_documento_legislativo
DECREE No. 916
THE LEGISLATURE OF THE REPUBLIC OF EL SALVADOR,
I. That the Governments of the United States of America and the Republic of El Salvador have agreed
implement a joint economic development program called Partnership for Growth, which main objective is to identify those key issues or barriers
prevent the growth of El Salvador and basis, coordinating the efforts of both governments and
international donors in order to overcome those barriers.
II. That on September 30, 2014, the Republic of El Salvador, through the Ministry of Foreign Affairs and the United States of America, acting through the Millennium Challenge Corporation (MCC), signed the Convention
Challenge Millennium up to an amount of TWO HUNDRED aND SEVENTY-SEVEN MILLION
00/100 oF tHE UNITED STATES oF AMERICA ($ 277,000,000.00) and has as increase productivity and competitiveness of the country purpose, through increased investment | private ||, improving education and reducing logistics costs and transportation.
III. That agreement was then ratified in all its parts by means of Legislative Decree No. 836, dated October 31, 2014, published in the Official Gazette No. 206, Volume No. 405, of November 5 the same
year; also by Legislative Decree No. 839 dated October 30, 2014, published in the Official Journal
No. 207, Volume No. 405, November 6 the same year, the Law establishing the Fund was issued Millennium II, which is to regulate the internal organization, functioning and operation of the entity called
MCA-El Salvador or FOMILENIO II, which will be responsible for the administration of the resources are allocated to achieve and achievements objectives and commitments
established in that Convention.
IV. That that Convention is set within the multiannual financial plan, a contribution from the Government of El
Salvador worth $ 88.2 million, of which amount, by Legislative Decree No. 804, dated September 18, 2014, published in the Official Gazette No. 175, Volume No. 404, 23 of the same month and year,
added within the budget structure of the Presidency of the Republic, the amount of $ 700.000 to finance the expenses of the Administrative Unit FOMILENIO II, according to Grant Agreement 609g,
signed between the Government of El Salvador and the Government of the United States of America, through
MCC, dated March 20, 2013 and its subsequent modification, on September 30 of this year; also in the current Budget Branch of the Treasury, there is a
allocation of $ 1,300,000 available for transfer to FOMILENIO II, to finance expenditure on compensation for the current fiscal year 2014.
V. That to achieve the objectives and goals of FOMILENIO II during the period 2014-2021, required the development of a public investment whose execution time of the works exceeds the financial year tax;
So the approval of a Special Budget Funds 2014- 2021 Millennium is necessary, for an amount of TWO HUNDRED SEVENTY-EIGHT MILLION THREE HUNDRED THOUSAND DOLLARS 00/100
OF THE UNITED STATES OF AMERICA (US $ 278,300,000.00), comprising the amount of
TWO HUNDRED aND SEVENTY-SEVEN MILLION DOLLARS 00/100 UNITED STATES oF AMERICA ($ 277,000,000.00) donation from the MCC and its corresponding Counterpart Fund
General MILLION THREE HUNDRED THOUSAND DOLLARS 00/100 UNITED STATES OF AMERICA
(US $ 1,300,000.00).
in exercise of its constitutional powers and initiative of the President of the Republic, through the Minister of Finance
Art. 1. VOTE Special Budget the following Millennium Fund II for the period 2014- 2021, as follows: EXPENSES
0507 - MILLENNIUM FUND II
INSTITUTIONAL FRAMEWORK A.
Manage policy efficiently, timely and effective resources and comply with all the obligations and responsibilities that have been designated and acquire under the Convention and international
agreements signed with the Government of the United States of America and the Millennium Challenge Corporation, based on the applicable legal rules that does not contravene the provisions of that convention and
according to technical, financial and administrative best practices.
Contribute to the competitiveness of the country by strengthening the investment climate, increasing
Private investment within a regulatory framework and improving institutional CAPACITY of El Salvador,
and the provision of public services in partnership with the private sector.
Improve the training of human capital, strengthening the quality of education and reform of the System for Training and Technical Training Professional (SFCTP), by improving school infrastructure, teacher training
, design the curriculum of study and technical training.
Improve the logistics infrastructure to reduce logistics and transportation costs through
border crossings and seaports in the country.
Capital Revenues 278 300 000 22 222 Capital Transfers Transfers
Capital Public Sector Finance
2,220,700 1,300,000 Ramo
Capital Transfers 224 External Sector 22403
governments and agencies Government Grant Government of the United States of America through the Millennium Challenge Corporation 277 000 000
Total 278 300 000
C. RESOURCE ALLOCATION
1. Distribution of Resources by Fiscal Year
Millennium Fund 2014 2015 2016 2017 2018 2019 2020 2021 Total Total
2,300,000 8,999,900 22,000,000 76,200,000 75,200,000 71,800,000 21,800,000 100 278,300,000
2. Destination Expense Funding Source Code Budget Unit Responsible
General Fund Grants 01 Total
Management and Institutional Administration 1,300,000 20,000,000 21,300,000 Board
02 Investment Climate Board 42,400,000 42,400,000 || | Human Capital 03 100 700 000 100 700 000 Board
04 Logistics 109 600 000 109 600 000 Infrastructure Board
05 Accountability Board of Directors 4,300,000 4,300,000 Accounts 1,300,000 Total 277,000,000 278,300,000
3. Economic Classification by Institutional Management Area
Social Development Administrative Support
Total Capital Expenditures 100,700,000 152,000,000 278,300,000 25,600,000 Capital Expenditures
1,886,426 89,810,224 131,375,780 223,072,430 1,780,730 9,334,297 8,624,025 Chattel
19,739,052 80,475,927 122,751,755 203,333,378 Infrastructure
105.696 242.670 242.670 Capital transfers Capital transfers
Public Sector 242.670 242.670
Investment in Human Capital
23,713,574 10,889,776 20,381,550 54,984,900 Investment in Human Capital
23,713,574 10,889,776 20,381,550 54,984,900 25,600,000 100,700,000 152,000,000 278,300,000 Total
4. Resources Allocated Purposes relationship with
5. Budget Allocation by Category Grouping, Funding Source and Destination Economic and Budget Unit
Line of Work Purpose Cost
01 21300000 Management and Institutional Administration
01 Superior Management and Administration To efficiently manage the resources allocated to effect meet the objectives of the Convention. 21300000
02 Investment Climate 42.4 million
01 Regulatory Improvement Create the necessary institutional framework to ensure the simplification of procedures and continuous improvement of public services that will facilitate private investment.
6,000,000 02 Development Partnerships promote private investment, through facilitation and access to public infrastructure necessary to manage productive development projects. 36400000
03 Human Capital 01 100 700 000
Quality Education Improving educational conditions in schools, strengthen teacher training, curriculum review, to generate an inclusive education full time. 85200000
02 FCTP System Reforms Develop plans for vocational technical training in order to improve the quality of human capital, for inclusion in productive development efforts. 15,500,000
109 600 000 04 01 Logistics Infrastructure Expansion of the Coastal Highway Reduction of logistics and transport costs through improved road infrastructure. 85900000
02 Infrastructure at the border crossing facilitate transport of tradable products in important ways to transport cargo. 23700000
05 Accountability 4,300,000
01 Monitoring and Evaluation Plan, monitoring and evaluation of the results of projects and develop the necessary audits and controls agreed with MCC. 4,300,000 Total 278,300,000
Budget Unit and Budget Line Encryption Working
54 51 Remuneration Procurement Goods and Services
55 Financial Expenses and Other Investments 61
|| | Fixed Assets
62 Transfers Capital Expenses
01 Capital Management and Institutional Administration
16,154,773 3,112,997 251.500 1,780,730 General Fund 21,300,000
0000-0507-1-01-01-22-1 Superior Management and Administration 100,000 900,000 100,000 200,000
0000-0507-1-01-01-22-5 1,300,000 2,212,997 Donations 151,500 1,580,730 20,000,000 16,054,773
26,381,550 15,775,780 242.670 42,400,000 6,000,000 Regulatory Improvement Grants 0000-0507-4-02-01-22-5
6,000,000 0000-0507-1-01-02-22- 5 Development Partnerships Grants 20,381,550 15,775,780 242.670 36,400,000
03 Human Capital 20,224,073 80,475,927 100,700,000
0000-0507-3-03-01-22-5 Quality Education Grants 75,865,703 9,334,297 85,200,000
0000-0507-1-01-02-22 Donations -5 FCTP System Reforms 10,889,776 4,610,224
Logistics Infrastructure 2,624,025 04 106 975 975 109 600 000
Expansion Grants 0000-0507-4-04-01-22-5 the Coastal Highway 1,812,367 84,087,633
Donations 85,900,000 0000-0507-1-01-02-22-5
Infrastructure at the border crossing 22888342 811.658
05 Accountability 4,194,304 4,300,000 105.696
0000-0507-1-05-01-22-5 Grants Monitoring and Evaluation 4,194,304
4,300,000 Total 16,154,773 56,536,949 251.500 205,114,108 242.670 278,300,000
Art. 2. The resources allocated in this Budget will be implemented by FOMILENIO II in accordance with the regulations set out in the Millennium Challenge Agreement, the Grant Agreement
609g, Program Implementation Agreement, Supplemental Agreements and the law establishing the Millennium Fund II.
Art. 3. The budget amendments necessary effect during the execution of this budget will be proposed by the Board of FOMILENIO II, must comply with the relevant legal procedures
Art. 4. The Executive Body, through Bouquet of Finance, be transferred to the Budget
Extraordinary resources of the State General Budget for each fiscal year, and must report to the Legislature on the budget execution of the same year,
report by the State Financial Management.
Art. 5. The audit of this special budget is subject to controls and supervision of the Court of Accounts of the Republic and those established in the Law establishing the Millennium Fund II.
Art. 6. The execution and settlement of this budget will be made in accordance with the provisions of the Convention, Grant Agreement and the Law establishing the Millennium Fund II.
Art. 7. 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 eighteenth day of December
year two thousand and fourteen.
OTHON Sigfrido Reyes Morales,
LUIS VALDEZ ENRIQUE ALBERTO SOTO, GUILLERMO ANTONIO NAVARRETE GALLEGOS, FIRST VICE. SECOND VICE PRESIDENT.
MERINO JOSE FRANCISCO LOPEZ, MENDOZA PEÑA LORENA GUADALUPE,
THIRD VICE. FOURTH VICE.
CARLOS ARMANDO REYES RAMOS,
GUILLERMO FRANCISCO MATA BENNETT, MENJIVAR VICENTE MANUEL ESQUIVEL,
FIRST SECRETARY. Second Secretary.
SALGADO SANDRA MARLENE GARCIA, JOSE RAFAEL MACHUCA Zelaya, Third Secretary. Fourth secretary.
LOURDES IRMA VASQUEZ PALACIOS, ERNESTO ANTONIO ANGULO MILE,
FIFTH Secretariat. SIXTH SECRETARY.
JOSE FRANCISCO ZABLAH SAFIE, ORANTES SERAFIN JOSE RODRIGUEZ,
SEVENTH SECRETARY. EIGHTH SECRETARY.
PRESIDENTIAL HOUSE: San Salvador, on the twenty-second day of December in the year two thousand and fourteen.
Oscar Samuel Ortiz Ascencio,
Vice President, Head of the Presidential Office.
Juan Ramon Caceres Carlos Enrique Chavez, Minister of Finance.
OJ No. 240 No. 405
Tomo Date: December 23, 2014
FN / pch 02/10/2015
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