Reformed Budget Law, In The Field Of Agriculture And Livestock For Mainstream $ 500,000.00.

Original Language Title: REFÓRMASE LA LEY DE PRESUPUESTO, EN EL RAMO DE AGRICULTURA Y GANADERÍA, PARA INCORPORAR $500,000.00.

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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-que-corresponde-al-ramo-de-agricultura-y-ganaderia-para-incorporar-us-500-000-dolares/archivo_documento_legislativo


LEGISLATURE - REPUBLIC OF EL SALVADOR
DECREE No. 834
THE LEGISLATURE 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, Book No. 395, 23 of the same year, the Legislature authorized the Executive Branch in the Field of Finance, so that by the holder or the official 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), as Trustee of the Financial Facility of Spain, for Food Security Cofinancing (|| Fund | Trust), for an amount of up to ELEVEN MILLION oNE HUNDRED AND FIFTY THOUSAND EUROS (€ 11,150,000.00), equivalent to approximately FOURTEEN MILLION EIGHT HUNDRED FORTY-FIVE THOUSAND FOUR HUNDRED FORTY-THREE
62/100 DOLLARS oF THE UNITED STATES oF AMERICA
($ 14,845,443.62), to finance the implementation of the "Development and Modernization Project for the Central and Rural Regions Paracentral (PRODEMOR - Central) - Extension"; which it was approved and ratified in all its parts
by Legislative Decree No. 554, dated November 21, 2013, published in the Official Gazette No. 226, Volume No. 401, of December 3 of that year.
II. That the amount referred to above, the Field of Agriculture requires
use the amount of FIVE HUNDRED THOUSAND DOLLARS 00/100 UNITED STATES OF AMERICA ($ 500,000.00), with the purpose of starting
execution Investment Project 5540 "Project for Rural Development and Modernization for Central and Paracentral Regions (PRODEMOR - Central) - Extension", which aims
effectively improve the living conditions of the beneficiaries, through its social capitalization and increases in their sustainable production, processing, marketing, income and employment, while
rehabilitation, conservation and rational use of natural resources and the consolidation
structures implementation of rural development in the country is achieved in harmony the Family Agriculture Plan (PAF).
III. That by Legislative Decree No. 522, dated October 31, 2013, published in the Official Journal
No. 225, Volume No. 401, of December 2 of that year, the Budget Act was voted for | || Financial Fiscal Year 2014, for a value of FOUR HUNDRED THOUSAND FIVE HUNDRED SEVENTY-NINE MILLION SIX HUNDRED SEVENTEEN SEVENTY DOLLARS THOUSAND UNITED STATES oF AMERICA
($ 4,679,517,670), in which no such resources are scheduled.
IV. With the purpose that the Field of Agriculture may have the necessary resources to start the execution 5540 Project aforementioned, it is necessary to modify the said Act
Budget, increasing in Section II - Revenue Source
specific Multilateral Organizations 31404 from the amount of FIVE HUNDRED THOUSAND DOLLARS 00/100 UNITED STATES oF AMERICA ($ 500,000.00) and in Section III - Expenditure in the part corresponding to
Bouquet of Agriculture and Livestock, 07 Rural Development Budget unit, incorporating Working Line 05 Draft Rural Development and Modernization for Central and Regions Paracentral (PRODEMOR -
Central) - Enlargement, with the amount of FIVE HUNDRED THOUSAND DOLLARS 00/100 UNITED STATES | || 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). Additional Purposes added
Relationship with Allocated Resources, Budget Allocation by Category Grouping, Funding Source and Destination Economic and Investment Projects List of Public
modified, incorporating the Investment Project with code 5540 " Development and Modernization project for the Central and Rural Regions Paracentral (PRODEMOR - Central) - Extension "with FIVE HUNDRED THOUSAND
00/100 DOLLARS oF tHE UNITED STATES oF AMERICA ($ 500,000.00).

2


THEREFORE

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, the following modifications are made:
A) In Section II - INCOME, Item 31 Public Debt, Contracting 314
Account External Borrowings, 31404 increméntase the specific source multilateral organizations, as follows:

Financing Agreement No. E-6-SV
signed with the International Fund for Agricultural Development (IFAD), as Trustee of the Financial Facility of Spain for Cofinancing
Food Safety (Trust Fund) to finance the implementation of "Project
Rural Development and Modernization for Central and Regions Paracentral (PRODEMOR-Central) - Expansion" approved by Legislative Decree No.
554, dated November 21, 2013, published in the Official Gazette No. 226, Volume No. 401, of December 3 the same year (
Bouquet of Agriculture and Livestock).




$ 500,000


B) In Section III - CURRENT, on the part corresponding to the bouquet of Agriculture, in paragraphs
Purposes 3. Relationship with assigned resources, 4. Budget Allocation Heading Grouping, Source of Funding and Economic Destination , Budget Unit 07
Rural Development, would incorporate Working Line 05 "Project Development and Rural Modernization
for Central and Regions Paracentral (PRODEMOR-Central) - Extension"; with the sum of $ 500,000 from the said loan No. E-6-SV; and in paragraph 5. List of Public Investment Projects
, the following should be incorporated Investment Project 5540 "Development and Modernization Project for the Central and Rural Regions Paracentral (PRODEMOR-Central) - Extension" with the same
amount, thus:

3. Purposes relationship with Allocated Resources and Budget Unit
Line of Work Purpose Cost 07

Rural Development 500,000 05 Draft Rural Development and Modernization for Central and Regions Paracentral (PRODEMOR-Central) - Extension
effectively improve the living conditions of users Project, through its social capitalization and its sustainable increases in production, processing , marketing, income and employment, while the rehabilitation, conservation and rational use of natural resources and the consolidation of the structures of implementation of rural development of the country, in harmony with the Family Agriculture Plan (PAF) is achieved. Total 500.000 500.000

4. Budget Allocation by Category Grouping, Funding Source and Destination Economic
3


Budget Unit and Encryption


Budget


Line of Work

54 Procurement of Goods and Services 55


Financial Expenses and Other 61


Fixed Assets Investment

62 Capital Transfers

Total Expenses

07 Rural Development Capital 138.890 262.300 23,810 75,000 500,000 Loans 2014-4200-4-07-05-22-3

External Development and Modernization Project rural for (PRODEMOR- Central) Central and Paracentral Regions - Extension 138.890 262.300 500,000 23,810 75,000 23,810 75,000
138.890 262.300 Total 500,000

5. List of Public Investment Projects
following should be incorporated the following Investment Project: Project Source Code

Financing Meta Geographic Location
Physical Completion Date Amount Project

07 Rural Development 500,000


05 Draft Rural Development and Modernization for Central and Regions Paracentral (PRODEMOR-Central) - Extension
5540
500,000 and Rural Development Project for Modernization and Central Regions Paracentral (PRODEMOR-Central) - Enlargement IFAD Loan No. E-6-SV
External Loans


Production
500 Chalatenango and La Libertad
Dic./2014

Total 500,000 500,000



C) The resources are incorporated by this Legislative Decree worth 00/100 FIVE HUNDRED THOUSAND DOLLARS OF THE UNITED STATES OF AMERICA ($ 500,000.00) shall be applied to the source
16 International Resources Development Fund agricultural (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 thirtieth day of October in the year two thousand and fourteen.

Sigfrido Reyes Morales OTHON

PRESIDENT LUIS ALBERTO ENRIQUE VALDES GUILLERMO SOTO GALLEGOS ANTONIO NAVARRETE
FIRST VICE PRESIDENT SECOND VICE


4


MERINO LOPEZ JOSE FRANCISCO MENDOZA PEÑA LORENA GUADALUPE
THIRD FOURTH VICE VICE PRESIDENT CARLOS ARMANDO REYES RAMOS
FIFTH VICE

BENNETT FRANCISCO MATA GUILLERMO VICENTE MANUEL ESQUIVEL MENJIVAR
FIRST SECRETARY SECOND SECRETARY

SANDRA MARLENE GARCIA JOSE RAFAEL SALGADO MACHUCA ZELAYA
SECRETARY SECRETARY THIRD QUARTER

LOURDES IRMA VASQUEZ PALACIOS ERNESTO ANTONIO ANGULO MILE FIFTH SIXTH SECRETARY SECRETARY

JOSE FRANCISCO ZABLAH SAFIE RODRIGUEZ JOSE SERAFIN ORANTES
SEVENTH EIGHTH SECRETARY SECRETARY
PRESIDENTIAL HOUSE: San Salvador, on the third day of November, two thousand and fourteen
.
PUBLISHED,
Salvador Sanchez Ceren,
President of the Republic.

Juan Ramon Caceres Carlos Enrique Chavez
Minister of Finance.

OJ No. 204 No. 405
Tomo Date: November 3, 2014.

JQ / gc
11/24/2014.