Reformed Budget Law, In Part Corresponding To The Presidency Of The Republic, To Include $ 386,692.00.

Original Language Title: REFÓRMASE LA LEY DE PRESUPUESTO, EN LA PARTE QUE CORRESPONDE A LA PRESIDENCIA DE LA REPÚBLICA, PARA INCORPORAR $386,692.00.

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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-a-la-presidencia-de-la-republica-para-incorporar-la-cantidad-386-692/archivo_documento_legislativo



1

DECREE No. 679 THE LEGISLATURE OF THE REPUBLIC OF EL SALVADOR, CONSIDERING
:
I.- by Legislative Decree No. 405, dated July 1, 2010 published in the Official Gazette No. 133, Volume No. 388, 15 of the same year, it authorized the Executive Branch in the Field of Finance, so that by the owner or official designee, subscribe on behalf State and Government of the Republic of El Salvador a loan agreement with the International Bank for Reconstruction and Development, IBRD, in the amount of US $ 50,000,000.00 to finance the Project "Income Protection and Employability", the executing institutions would be the Technical Secretariat Presidency of the Republic, the Social Investment Fund for Local Development of El Salvador and the Field of Labor and Social Welfare; Convention was approved in its entirety, by Legislative Decree No. 439, dated August 12, 2010, published in the Official Gazette No. 157, Volume No. 388, 25 of the same year; being the Loan Agreement No. 7811-SV, signed on 19 July 2010. II
That Article III - Draft of said Loan Agreement provides that the coordination of the project's objectives will be by the Technical Secretariat of the Presidency of the Republic, which in turn is responsible for the implementation of Part C: Support for the design and development of Social Protection System Universal, for an amount of $ 2,300,000.00 which was intended to Technical Assistance project Code 30029 "Support for the Design and System Development Universal Social Protection (IBRD 7811-SV)", having earned during the 2012 and 2013 fiscal years, the amount of $ 1,500,089.00 reflecting date availability of $ 799,911.00 || | III.- that during the execution of that project, have you identified additional activities that are necessary and essential to develop, to achieve the proposed goals and have an additional cost of $ 386,692.00 so to fund such amount was negotiated with the IBRD a modification to the distribution of resources by category, in order to redirect for this purpose, the amount of $ 215,000.00 originally assigned to the bouquet of Labour and Social Welfare, modification was approved by the Agency, by Amendment to the Loan Agreement No. 7811 -SV, dated August 2, 2013 and on the difference of $ 171,692.00 this will be financed from the availabilities referred to in the preceding paragraph.
IV.- That in order that the Presidency of the Republic, through the Technical Secretariat thereof, to continue funding activities related to the implementation of Technical Assistance Project Code 30029 cited above, it is necessary to reform the 2014 Budget Law, approved by Legislative Decree No. 522, dated October 31, 2013, published in the Official Gazette No. 225, Volume No. 401, of December 2 of that year, increasing


2 in Section II - INCOME, the Public Debt Heading 31, has 314 Contracting of External Borrowings, the specific source 31404 from multilateral organizations, with THREE HUNDRED EIGHTY SIX THOUSAND SIX HUNDRED NINETY-TWO 00/100 DOLLARS THE UNITED STATES OF AMERICA (US $ 386,692.00). Also, in Section III - CURRENT, on the part corresponding to the Presidency of the Republic, Budget Unit 05 Technical Secretariat assignments Line Working 03 Support for the Design and Development of Social Protection System Universal (IBRD increase No. 7811-SV), Item 54 Procurement of Goods and Services, with the amount of THREE HUNDRED EIGHTY SIX THOUSAND SIX HUNDRED NINETY-TWO 00/100 DOLLARS oF tHE UNITED STATES oF AMERICA, corresponding to said Loan Agreement (US $ 386,692.00).
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 STATE BUDGET, the following modifications are made:
A) In section II - INCOME, Item 31 Public Debt, has 314 Contracting of External Borrowings, increméntase the source Specific Multilateral Organizations 31404 From well:

Loan No. 7811-SV, signed with the International Bank for Reconstruction and Development (IBRD) resources allocated to finance the project "Income Protection and Employability", approved by Legislative Decree No. 439, dated 12 August 2010, published in the Official Gazette No. 157, Volume No. 388, 25 of the same year, (President of the US Republic $ 564,840.00; Bouquet of Finance / Social Investment Fund for Local Development US $ 8,559,755.00; bouquet of Labour and Social US $ 3,372,695.00). 386.692
B) in paragraph III - CURRENT, on the part corresponding to the Presidency of the Republic, literal B. Resource Allocation Purposes numeral 3. Relationship with resources allocated in the Budget Unit 05 Technical Secretariat, auméntasela allocation of expenditure follows:
three. Resources Allocated Purposes relationship with
3

Budget Unit and Line of Work Purpose Cost 05 Technical Secretariat

03 Support for the Design and Development of Universal Social Protection System (IBRD Loan No. 7811-SV)
strengthen the institutional capacity to design, develop, monitor and evaluate social interventions as part of the Universal Social Protection System, thus contributing the achievement of greater human development and prosperity with equity and social inclusion. 386.692 386.692


Total 386.692
4. Budget Allocation by Category Grouping, Funding Source and Destination Economic and Budget Unit

Budget Line Encryption Working 54 Procurement of Goods and Services Capital Outlay


Technical Secretariat 2014- 05 External Loans 0500-1-05-03-22-3
Support Design and Development of Universal Social Protection System (IBRD No. 7811-SV Loan)

386.692 386.692 386.692
|| | Total 386.692 386.692 386.692

5. List of Public Investment Projects
Technical Assistance Project Code No. 30029 is reinforced, with the amount of $ 386,692,00 remaining allocations same way:
Project Code Funding Source Target Physical Geographic Location


Completion Date Project Amount 30029


03 05 Technical Secretariat Support for the Design and Development of Universal Social Protection System Support (IBRD No. 7811-SV Loan)
the Design and Development of Universal Social Protection System (BIRF 7811-SV)
100% External Loans San Salvador Dec / 2014

951.532 951.532 951.532 Total


951.532

4 Proceeds from foreign loans which are incorporated by this Legislative Decree for $ 386,692,00 should be applied to the source resources 9 International Bank for Reconstruction and Development, IBRD.
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 eighth day of May in the year two thousand and fourteen.
OTHON Sigfrido Reyes Morales, president.
LUIS VALDEZ ENRIQUE ALBERTO SOTO, GUILLERMO ANTONIO NAVARRETE GALLEGOS, FIRST VICE. SECOND VICE PRESIDENT.
MERINO JOSE FRANCISCO LOPEZ, FRANCISCO ROBERTO DURAN LORENZANA, THIRD VICE. FOURTH VICE.
CARLOS ARMANDO REYES RAMOS, FIFTH VICE.
PEÑA LORENA GUADALUPE MENDOZA, MENJIVAR VICENTE MANUEL ESQUIVEL, First Secretary. Second Secretary.
SALGADO SANDRA MARLENE GARCIA, JOSE RAFAEL MACHUCA Zelaya, Third Secretary. Fourth secretary.
IRMA VASQUEZ PALACIOS LOURDES, ERNESTO ANTONIO ANGULO MILE, QUINTA 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 May in the year two thousand and fourteen.
Published, Carlos Mauricio Funes Cartagena
, President of the Republic.


5 Juan Ramon Caceres Carlos Enrique Chavez, Minister of Finance.
OJ No. 93 Volume No. 403 Date: May 23, 2014 JQ
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geg 06/30/2014 LEGISLATIVE INDEX