Key Benefits:
LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________
1
DECREE NO 746
THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF EL SALVADOR,
CONSIDERING:
I.-That by Legislative Decree No. 863, dated April 30, 2009, published in Official Journal No. 94, Volume No. 383 of May 25 of the same year, this Legislative Assembly ratified in all its parts the Basic Convention of Cooperation between the Republic of El Salvador and the Kingdom of Spain, with their respective Adendas I and II, which seeks to establish a legal and understanding framework for the identification, development, implementation and evaluation of policies, programmes, projects and any cooperation intervention agreed by the parties that subscribe to it.
II. the framework of the aforementioned Basic Cooperation Convention, the Government of the Republic of El Salvador, through the Ministry of Public Works, Transport and Housing and Urban Development (MOP), requested the Spanish Agency for International Cooperation for Development (AECID), reimbursable financial resources from the Fund for The Promotion of Development (FONPRODE) for € 10,500,000.00 in order to implement the Program of Progressive Rural Roads in El Salvador, which to date are in the process of approval; likewise, the support of AECID was required to manage This is a financial mechanism complementary to the bilateral loans granted by the countries of the European Union (EU).
III.-Which proceeds from the management of the LAIF funds, a Delegation Agreement between the European Union and AECID was signed on 29 December 2011, which is entrusted to the Agency for International Cooperation, the administration of the LAIF contribution for the Progressive Rural Roads Program in El Salvador, which amounts to € 4,000,000.00.
IV.-That dated November 27, 2012, the Presidency of the Spanish Agency for International Cooperation for Development (AECID), issued a Resolution of Grant of Grant of International Cooperation, through which it was grants the MOP a multi-annual grant for a total amount of € 4,000,000.00 equivalent to FIVE MILLION THREE HUNDRED AND FORTY THOUSAND $100 MILLION FROM THE UNITED STATES OF AMERICA (US$5,340,000.00) estimated at the exchange rate of $1.3350, to finance the Progressive Rural Roads Program in El Salvador, which aims to improve the conditions of the rural road infrastructure, in order to enable permanent transport in these areas, giving priority to the places that have the potential for productive development in order to help to reverse the conditions that affect the rural poverty and low economic activity.
___________________________________________________________________ LEGISLATIVE INDEX
LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________
2
V.-That in accordance with the provisions of that Resolution, on February 21, 2013, AECID transferred the amount of $5,020,352.00 to the MOP, as a first disbursement of non-reimbursable funds subsidized by LAIF, which were entered in the Bank of Central America's Institutional Savings Account No. 107713869, according to consists of the Currency Income Statement No. 117812 and the respective Credit Note.
VI.-That the MOP requires to use part of the non-reimbursable resources supported by LAIF that have already been awarded to it, up to an amount of $1,745,530.00 in order to initiate the implementation of the Public Investment Program 6061 " Progressive Rural Roads in El Salvador-LAIF ", whose resources are distributed as follows: ONE MILLION TWO HUNDRED AND TWENTY-FOUR THOUSAND EIGHT HUNDRED AND EIGHTY 00/100 DOLLARS FROM THE UNITED STATES OF AMEICA (US$1,224,880.00) for Institutional Strengthening, and FIVE HUNDRED AND TWENTY THOUSAND SIX HUNDRED AND FIFTY 00/100 DOLLARS FROM THE UNITED STATES OF AMERICA (US$ 520,650.00) to finance the hiring of the 6084 Projects "Improvement of the Tertiary Camino CAB19N, section: Victoria-Diversion El Zapote-Caserio Santa Marta, Municipality of Victoria, Department of Cabañas" and 6085 " Improvement of Rural Road, MOR18N Tranche: CA07N-Canton Caserio Tejera-Paso el Mono, Municipality of Arambala, Department of Morazán. "
VII.-That with the purpose that the Ramo of Public Works, Transport and Housing and Urban Development can incorporate the Program of Investment 6061 "Program of Progressive Rural Roads in El Salvador-LAIF", it is necessary to modify the Current Budget Law, in Section II REVENUE, Rubro 22 Capital Transfers, Account 224 Transfer of Capital from the External Sector, increasing the Specific Source 22403 From Governments and Government Agencies in a MILLION SEVEN HUNDRED FORTY-FIVE THOUSAND FIVE HUNDRED AND THIRTY 00/100 DOLLARS FROM THE UNITED STATES OF AMERICA (US$1,745,530.00), and in Section III EXPENSES, in the part corresponding to the Ramo of Public Works, Transportation and Housing and Urban Development, Budget Unit 02 Public Works, the Work Line 04 Connectivity Program is incorporated Rural with the amount of ONE MILLION SEVEN HUNDRED AND FORTY FIVE THOUSAND FIVE HUNDRED AND THIRTY 00/100 DOLLARS OF THE UNITED STATES OF AMERICA (US$1,745,530.00), recording in the Rubro 54 Procurement of Goods and Services the amount of SIX HUNDRED AND SEVENTY SEVEN THOUSAND SEVEN HUNDRED AND FIFTY 00/100 DOLLARS FROM THE UNITED STATES OF AMERICA (US$677 ,750.00) and the The amount of ONE MILLION SIXTY-SEVEN THOUSAND SEVEN HUNDRED AND EIGHTY 00/100 DOLLARS FROM THE UNITED STATES OF AMERICA (US$1,067,780.00) was added to Fixed Assets and the Purposes of Assigned Resources and Allowance. Budget for the Rubro of Grouping, Source of Financing and Economic Destination corresponding to the new Line of Work, and the List of Projects of Public Investment is modified, incorporating the Program 6061 " Program of Rural Roads Progressives in El Salvador-LAIF ", with the amount of UN
___________________________________________________________________ LEGISLATIVE INDEX
ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________
3
MILLION SEVEN HUNDRED AND FORTY FIVE THOUSAND FIVE HUNDRED AND THIRTY 00/100 US DOLLARS AMERICA (US$1,745,530.00).
FOR 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 paragraph II-INGRESOS, Rubro 22 Capital Transfers, Account 224 Capital Transfers of the External Sector, increase the Specific Source 22403 From Governments and Government Agencies, as follows:
Resolution of Concession of Grant of International Cooperation, dated November 27, 2012, issued by the Spanish Agency for International Cooperation for Development (AECID), through which the Government of the Republic of El Salvador is granted, through the Ministry of Public Works, Transport and Housing and Urban Development (MOP), no funds (ii) the aid granted by the Investment Facility in Latin America (LIDA)........................................................................ 1,745,530
B. In Section III-EXPENSES, in the part corresponding to the Ramo of Public Works, Transport and Housing and Urban Development, Budget Unit 02 Public Works, incorporate the Work Line 04 Rural Connectivity Program, with the amount of $1,745,530, and the List of Public Investment Projects is modified, incorporating Program 6061 "Program of Progressive Rural Roads in El Salvador-LAIF", with the same amount, as:
3. Relationship Purposes to Assigned Resources
Budget Unit and Purpose Cost Work Line
02 Public Works
04 Rural Connectivity Program Improve Conditions for Rural Road Infrastructure, to End The possibility of permanent transportation in these areas, giving priority to places that have the potential for productive development to help to reverse the conditions that affect rural poverty and low economic activity.
1,745,530
1,745,530
Total 1,745,530
___________________________________________________________________ LEGISLATIVE INDEX
LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________
4
4. Budget Allocation by Pool, Financing and Economic Destination Source
Budget Unit and Budget Encryption
Working Line 54
Goods and Services Acquisitions
61 Investments in Fixed Assets
Total Capital Expenditure
02 Public Works
2014-4300-4-02-04-22-5 Grants Rural Connectivity Program
677,750
677,750
1,067,780
1,067,780
1,745,530
1,745,530
Total 677,750 1,067,780 1,745,530
5. List of Public Investment Projects
The 6061 Program is incorporated with $1,745,530, with the amount of the same being charged to Donations, as well:
Project Code Source of Financing
Physical Meta
Geographical Location
End Date
Project Monto
6061
02 Public Works
04 Rural Connectivity Program
Progressive Rural Pathways Program in El Salvador-LAIF Grants
100% Advance
At National Level Dec ./2014
1,745,530
1,745,530
1,745,530
Total 1,745,530
C. The resources that are incorporated by this Legislative Decree worth $1,745,530, must be applied to the Source of Resources 69 Spanish Agency of International Cooperation.
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 sixteen days of July of the year two thousand fourteen.
OTHON SIGFRIDO REYES MORALES, PRESIDENT.
ENRIQUE ALBERTO LUIS VALDEZ SOTO, GUILLERMO ANTONIO GALLEGOS NAVARRETE, FIRST VICE PRESIDENT. SECOND VICE-PRESIDENT.
___________________________________________________________________ LEGISLATIVE INDEX
ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________
5
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 VÁSQUEZ, ERNESTO ANTONIO ANGULO MILLA, FIFTH SECRETARY. SIXTH SECRETARY.
FRANCISCO JOSE ZABLAH SAFIE, JOSE SERAFIN ORANTES RODRIGUEZ, SEVENTH SECRETARY. EIGHTH SECRETARY.
CASA PRESIDENTIAL: San Salvador, at the twenty-three days of July 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. 137 Took No. 404 Date: July 24, 2014.
JCH/adar 02-09-2014
___________________________________________________________________ LEGISLATIVE INDEX
