Key Benefits:
LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________
DECREE No. 834
THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF EL SALVADOR,
CONSIDERING:
I. That by Legislative Decree No. 1058, dated April 19, 2012, published in the Official Journal
No. 73, Volume No. 395, of the 23rd of the same month and year, the Legislative Assembly authorized the Executive Body in the Ramo of Finance, so that through its holder or the official that he will designate,
subscribe on behalf of the State and Government of the Republic of El Salvador, a Convention of
Financing with the International Fund for Agricultural Development (IFAD), as a trustee of the Financial Facility of Spain, for the Cofinancing of Food Security (Fund
Trustee), in the amount of up to ELEVEN MILLION. fifty thousand EURO (€ 11,150,000.00), approximately FOURTEEN MILLION EIGHT HUNDRED AND FORTY-FIVE THOUSAND
FOUR HUNDRED AND FORTY-THREE 62/100 DOLLARS FROM THE UNITED STATES OF AMERICA
($14,845,443.62), to finance the execution of the " Development Project and Rural Modernization for the Central and Paracentral Regions (PRODEMOR-Central)-Enlargement "; which was approved and ratified in
all parts by Legislative Decree No. 554 dated 21 November 2013, published in the Journal Officer No. 226, Tomo No. 401, of December 3 of the same year.
II. That of the above mentioned amount, the Agricultural and Livestock Ramo requires to use the amount of
FIVE HUNDRED THOUSAND 00/100 DOLLARS FROM THE UNITED STATES OF AMERICA ($500,000.00), with the
purpose of starting the execution of the Project Investment 5540 "Rural Development and Modernisation Project for Central and Paracentral Regions (PRODEMOR-Central)-Enlargement", which aims
effectively improve the living conditions of beneficiaries through their social capitalization and increases in their sustainable production, processing, marketing, income and employment, to the
same time that the rehabilitation, conservation and rational utilization of the resources is achieved
natural and the consolidation of the structures of implementation of the rural development of the country, in harmony with the Family Agriculture Plan (PAF).
III. That by Legislative Decree No. 522, dated October 31, 2013, published in the Journal
Official No. 225, Volume No. 401, of December 2 of the same year, the Budget Law for the
Fiscal Financial Year 2014 was voted, For a value of FOUR THOUSAND SIX HUNDRED AND SEVENTY NINE MILLION FIVE HUNDRED AND SEVENTEEN THOUSAND SIX HUNDRED AND SEVENTY DOLLARS OF THE UNITED STATES
OF AMERICA ($4,679,517,670), in which these resources are not programmed.
IV. That with the purpose that the Agriculture and Livestock Ramo can count on the resources necessary to start with the execution of Project 5540 referred to above, it is necessary to modify the mentioned Law of
Budget, increasing in the Section II-Revenue, the Specific Source 31404 of Organisms
Multilateral with the amount of FIVE HUNDRED THOUSAND 00/100 DOLLARS OF THE UNITED STATES OF AMERICA ($500,000.00) and in Section III-Expenses, in the part that corresponds to the Ramo de
Agriculture and Livestock, Budget Unit 07 Rural Development, incorporating the Work Line 05 Rural Development and Modernization Project for the Central and Paracentral Regions (PRODEMOR-
Central)-Enlargement, with the amount of FIVE HUNDRED THOUSAND 00/100 US DOLLARS
OF AMERICA ($500,000.00); whose resources come from IFAD Loan No. E-6-SV, signed between the Republic of El Salvador and the International Fund for Agricultural Development (IFAD). In addition,
the Purposes Relationship with Assigned Resources, Budget Allocation by Grouping of Grouping, Source of Financing and Economic Destination, and Amending the Listing of Investment Projects
incorporating the Investment Project with code 5540 "Rural Development and Modernization Project for the Central and Paracentral Regions (PRODEMOR-Central)-Enlargement", with Quinientos
$1,00/100 USD from the United States of America ($500,000.00).
2
BY 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, the following modifications are introduced:
A) In Section II-REVENUES, Headings 31 Public Indebtedness, Account 314 Recruitment of
Borrowings External, increase the specific source 31404 of Multilateral Organizations, as well:
Financing Convention N ° E-6-SV subscribed to the International Fund
of Agricultural Development (IFAD), in its capacity as Trustee of the Facility Spain's Financial Co-Financing for Security
Food (Fund) Fiduciary) to finance the execution of the "Project of
Rural Development and Modernization for the Central and Paracentral Regions (PRODEMOR-Central)-Enlargement", approved by Legislative Decree
2013, published in Official Journal No 226, Volume No. 401 of 3 December of the same year (Ramo de
Agriculture and Livestock).
$500,000
B) In Section III-EXPENSES, in the part that corresponds to the Agriculture and Livestock Ramp, in
the numerals 3. Relationship Purposes to Assigned Resources, 4. Budget Allocation by Grouping, Source of Financing and Economic Destination, Budget Unit 07
Rural Development, incorporate the Working Line 05 " Rural Development and Modernization Project
for the Central and Paracentral regions (PRODEMOR-Central)-Enlargement "; with the sum of $500,000 from the aforementioned loan No. E-6-SV; and in numeral 5. List of Projects of
Public Investment, incorporate the Project of Investment 5540 "Project of Development and Rural Modernization for the Central and Paracentral Regions (PRODEMOR-Central)-Enlargement", with the same
amount, as well:
3. Relationship Purposes to Assigned Resources
Budget Unit and Purpose Cost Work Line
07 Rural Development 500,000
05 Rural Development and Modernization Project for Central and Paracentral Regions (PRODEMOR-Central)-Enlargement
To effectively improve the living conditions of the users of the Project, by means of their social capitalization and increases in their sustainable production, transformation, marketing, income and employment, at the same time as the rehabilitation, conservation and rational use of the natural resources and the consolidation of the country's rural development implementation structures, in harmony with the Family Agriculture Plan (PAF). 500,000
Total 500,000
4. Budget Allocation by Grouping of Grouping, Financing Source and Economic Destination
3
and Encryption Unit
Budget
Line of Work
54
Goods and Services Acquisitions
55
Financial Expenses
and Other
61
Investments in Assets
Fixed
62
Capital Transfers
Total
Expenses of
Capital
07 Rural Development 138,890 23,810 75,000 262,300 500,000
2014-4200-4-07-05-22-3 External Loans
Rural Development and Modernization Project for the Central and Paracentral Regions (PRODEMOR-Central)-Enlargement 138,890 23,810 75,000 262,300 500,000
Total 138,890 23,810 75,000 262,300 500,000
5. List of Public Investment Projects
Incorporate the following Investment Project:
Source Project Code
Physical Meta Funding Geographic Location
End Date
Project
07 Rural Development 500,000
05 Rural Development and Modernization Project for Central and Paracentral Regions (PRODEMOR-Central)-Enlargement
500,000
5540 Development Project and Rural modernisation for the Central and Paracentral Regions (PRODEMOR-Central)-Enlargement, Loan IFAD No. E-6-SV
External Loans
500
Producers
Chalatenango and Liberty
Dec ./2014
500,000
Total 500,000
C) The resources that are incorporated by the This Legislative Decree amounting to FIVE HUNDRED THOUSAND 00/100 DOLLARS FROM THE UNITED STATES OF AMERICA ($500,000.00), 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.
GIVEN IN THE BLUE HALL OF THE LEGISLATIVE PALACE: San Salvador, at the thirty days of October of the year two thousand fourteen.
OTHON SIGFRIDO REYES MORALES PRESIDENT
ENRIQUE ALBERTO LUIS VALDES SOTO GUILLERMO ANTONIO GALLEGOS NAVARRETE
FIRST VICE PRESIDENT SECOND VICE PRESIDENT
4
JOSÉ FRANCISCO MERINO LÓPEZ LORENA GUADALUPE PEÑA MENDOZA
THIRD VICE PRESIDENT FOURTH VICE PRESIDENT
CARLOS ARMANDO REYES RAMOS FIFTH VICE PRESIDENT
GUILLERMO FRANCISCO MATA BENNETT MANUEL VICENTE MENJÍVAR ESQUIVEL
FIRST SECRETARY SECOND SECRETARY
SANDRA MARLENE SALGADO GARCÍA JOSÉ RAFAEL MACHUCA ZELAYA
THIRD SECRETARY FOURTH SECRETARY
IRMA LOURDES PALACIOS VASQUEZ ERNESTO ANTONIO ANGULO MILLA FIFTH SECRETARY SIXTH SECRETARY
ZABLAH SAFIE JOSÉ SERAFIN ORANTES RODRÍGUEZ
SEVENTH SECRETARY EIGHTH SECRETARY
CASA PRESIDENTIAL: San Salvador, three days of the month of November of the year two thousand
fourteen.
PUBESQUIESE,
Salvador Sánchez Cerén,
President of the Republic.
Juan Ramón Carlos Enrique Cáceres Chávez,
Minister of Finance.
D. O. No. 204 Took # 405
Date: November 3, 2014.
JQ/gc
24-11-2014.