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-de-la-presidencia-de-la-republica-para-incorporar-125-000/archivo_documento_legislativo
1 Decree No. 569 the Legislative Assembly of the Republic of EL SALVADOR, considering: I.-that through Decree legislative number 405, dated July 1, 2010, published in the official newspaper Nº 133, volume no. 388, of the 15th of the same month and year, was authorized to the Executive Body in the field of finance, so that by its owner or official designee , it signed on behalf of the State and Government of the Republic of El Salvador, a loan agreement with the International Bank for reconstruction and development, IBRD, up to an amount of US$ 50,000,000.00, to finance the project "Protection of income and employability", whose implementing institutions are the technical secretariat of the Presidency, the Social Investment Fund for Local development and the Ministry of labour and Social Security and which was approved in all its parts the abovementioned Convention Loan no. 7811-SV and that was signed on July 19, 2010, by means of Decree legislative No. 439, dated August 12, 2010, published in Official Journal No. 157, volume no. 388, from the 25th of the same month and year.
II. in article III - project, referred loan agreement, provided that the coordination of the objectives of the project will be carried out by the technical secretariat of the Presidency, which is responsible for the execution of the part c: support to the design and development of Universal Social protection system, in the amount of $2,300,000, within which is currently running the draft assistance technique code 30029 "support to the design and development of the S system of Universal Social protection (IBRD 7811-SV) ", by $985,720."
III.-that in the paragraph "conditions General for loans", article III-conditions of those loans, section 3.01. Commission initial of the abovementioned Convention, establishing that the borrower must pay the Bank a Commission initial on the amount of the loan at the rate specified in the Convention itself, whose amount is equivalent to $125,000, which is requested to incorporate in this opportunity, the assignments of the project code 30029 before mentioned, to effect of finance notice of this requirement.
IV.-with the purpose that the Presidency of the Republic, through the technical secretariat of the Presidency, be able to cover payment of the Commission initial on the amount of the agreement of loan IBRD 7811-SV, it is necessary to reform the current 2013 budget law, voted by Legislative Decree No. 182 of dated November 8, 2012 published in the Official Journal No. 228, volume no. 397, on December 5 of the same year, increasing in the section II - revenue, item 31 borrowing public, account 314 recruitment of external borrowing, the source specific 31404 agencies multilateral, with the amount of one hundred twenty-five thousand 00/100 dollars of the United States of AMERICA (US$ 125,000). In addition, in paragraph III - fees, 2 the part corresponding to the Presidency of the Republic, budget unit 05 technical secretariat, increase the allocations of the line of work 03 support to the design and development of the system of Universal Social protection (loan IBRD No. 7811-SV), item 55 expenses financial and others, with the amount of one hundred twenty-five thousand 00/100 dollars of the United States of AMERICA (US$ 125,000) corresponding to the concerned loan agreement.
POR_TANTO, in use of his constitutional powers and at the initiative of the President of the Republic, by the Minister of finance, DECREES: article 1.-section - to GENERAL budget of the State, the current budget law, introduces the following amendments: to) in the section II - revenue, item 31 borrowing public, has 314 recruitment of external borrowing, increase the especifica31404 source of multilateral agencies as well: loan no. 7811 - SV, signed with the International Bank for reconstruction and development (IBRD), resources allocated to finance the project "Protection of income and employability", approved by Legislative Decree No. 439 of date August 12, 2010, published in Official Journal No. 157, vol. No. 388, of 25 of that same month and year, (Presidency of the Republic US$ 985,720 and bouquet of Social investment for Local development finance/Fund US$ 10,070,485). 125,000 B) in the section III - expenses, in the part corresponding to the Presidency of the Republic, literal B. allocation of resources, paragraph 3. Purposes related resources assigned, in the unit budget 05 technical secretariat, increased her allocation of expenses shown below: 3. relationship purposes with resources assigned unit budget and line of work purpose cost 05 secretariat technical 03 support to the design and development of the system of P protection Social Univ ersal (loan IBRD No. 7811-SV) strengthen the institutional capacity to design formulate, monitor and evaluate the social measures as part of the system of Social protection Univ ersal, thus contributing to the achievement of a greater human development and well-being with equity and social inclusion.
125,000 125,000 total 125,000 3 4. Budgetary allocation by group category, source of funding and economic destiny budgetary unit and C funding line of work 55 expenses F ifrado inancieros and O tros expenses Capital 05 technical secretariat 2013-0500-1-05-03-22-3 loans external support to the design and development of the system of Social protection Univ ersal (loan IBRD No. 7811-SV) 125,000 125,000 125,000 125,000 Total 125,000 125,000 5.Listado of public investment projects reinforces the project code number ° 30029 , with the amount of $125,000, the same assignments, thus leaving: project source code of F inanciamiento goal F isica F date geographic location inalizacion project amount 30029 05 03 technical secretariat to support the design and development of the system of P protection Social Univ ersal (IBRD loan no. 7811 - SV) support to the design and development of the system of Social protection Univ ersal (IBRD 7811-SV) external loans 100% San Salv ador Dec. / 2013 1,110,720 1,110,720 1,110,720 Total 1,110,720 the proceeds of foreign loans which are embodied by this legislative decree by $125,000, shall be applied to the supply of resources 9 Bank international reconstruction and development (IBRD).
Article 2.-this Decree shall enter into force as from the day of its publication in the official journal.
GIVEN in the blue room of the Legislative Palace: San Salvador, in the fifth day of the month December two thousand thirteen year.
OTHON SIGFRIDO REYES MORALES, PRESIDENT.
4 ENRIQUE ALBERTO LUIS VALDEZ SOTO, GUILLERMO ANTONIO GALLEGOS NAVARRETE, SENIOR VICE PRESIDENT. SECOND VICE PRESIDENT.
DURAN JOSE FRANCISCO MERINO LÓPEZ, FRANCISCO ROBERTO LORENZANA, THIRD VICE PRESIDENT. FOURTH VICE PRESIDENT.
CARLOS ARMANDO REYES RAMOS, FIFTH VICE PRESIDENT.
LORRAINE GUADALUPE PENA MENDOZA, MANUEL VICENTE MENJIVAR ESQUIVEL, FIRST SECRETARY. SECOND SECRETARY.
SANDRA MARLENE SALGADO GARCÍA, JOSÉ RAFAEL MACHUCA ZELAYA, THIRD SECRETARY. FOURTH SECRETARY.
IRMA PALACIOS LOURDES VASQUEZ, ERNESTO ANTONIO ANGLE MILE, FIFTH SECRETARY. SIXTH SECRETARY.
FRANCISCO JOSE ZABLAH SAFIE, JOSE SERAFIN RODRIGUEZ ORANTES, SEVENTH SECRETARY. EIGHTH SECRETARY.
Presidential House: San Salvador, on sixteenth day of the month of December of the year two thousand thirteen.
PUBLISHED, Carlos Mauricio Funes Cartagena, President of the Republic.
Juan Ramon Carlos Enrique Caceres Chavez, Minister of finance.
D. o. No. 236 volume no. 401 date: December 16, 2013.
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