Reformed Budget Law In The Field Of Public, Transportation And Housing And Urban Development Works.

Original Language Title: REFÓRMASE LA LEY DE PRESUPUESTO EN EL RAMO DE OBRAS PÚBLICAS, TRANSPORTE Y DE VIVIENDA Y DE DESARROLLO URBANO.

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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-el-ramo-de-obras-publicas-transporte-y-vivienda-para-incorporar-150-000/archivo_documento_legislativo



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DECREE No. 352 THE LEGISLATURE OF THE REPUBLIC OF EL SALVADOR, CONSIDERING
:
I.- by Legislative Decree No. 899, dated July 5, 2002, published in the Official Gazette No. 144, Volume No. 356, 8 August of the same year, ratified in all parts of the conversion Program External Debt, signed on January 22, 2002, between the Government of the Republic of El Salvador and the Government of the Republic of France, in order to contribute to the reconstruction of the basic infrastructure of the Republic of El Salvador.
II.- That pursuant to Art. 2 of Legislative Decree referred to in the previous paragraph, with resources from the Debt Conversion Program Fund constituted the equivalent of 100% of debt service was created, principal and interest on the debts of the Government of El Salvador with the Republic of France, for the years 1998 to 2022, which will be administered by the Bilateral El Salvador-France Committee consisting of two representatives of the Ministry of Finance of the Republic of the Salvador and two representatives of the Ministry of Economy, finance and Industry of the Republic of France, who will be responsible for identifying projects to be financed with these resources.
III.- No. 18/2012 by Act dated 22 November 2012, the Bilateral Committee of Directors of the Fund Debt Conversion Salvadoran Franco, agreed to authorize the bouquet of Public Transportation Works and Housing Development urban funding of US $ 150,000 in order to finance the implementation of Project 5358 "Construction Mitigation Works in East Slope of Private Gardens Monte Blanco, Municipality of Soyapango, San Salvador Department".
IV.- That the execution of this project will mitigate the risks and damage to the slope of that development, which currently has a high degree of vulnerability and the risk of which increases with each winter season, so that early intervention becomes necessary to promote stability and security to the population directly benefited.
V.- That in order that the bouquet of Public Transportation Works and Housing and Urban Development, may have the necessary resources to finance the implementation of Project 5358 "Construction Mitigation Works in East Slope of Urbanization Jardines de Monte Blanco, municipality of Soyapango, Department of San Salvador ", is required to incorporate in the Budget Law in force, passed by Legislative Decree No. 182, dated November 8, 2012, published in the Official Gazette No. 228, Volume No. 397, 5 December of the same year, funds from the Debt conversion Program
2 External

up to an amount of ONE HUNDRED AND FIFTY THOUSAND DOLLARS OF THE UNITED STATES OF AMERICA (US $ 150,000).
THEREFORE,
in exercise of its constitutional powers and initiative of the President of the Republic, through the Minister of Finance, DECREES
:
Art.
A: 1. In the current Budget Law, Section A GENERAL STATE BUDGET, the following changes are introduced. In Section II - INCOME, Item 22 Transfers of Capital Account Capital Transfers 224 External Sector Specific Source 22403 increméntase governments and government agencies as well:
Conversion Program External Debt with France, approved by Decree legislative No. 899, dated July 5, 2002, published in the Official Gazette No. 144, Volume No. 356, 8 August of the same year. $ 150.000
B. In Section III-expenditure, the share of Bouquet of Public Transportation Works and Housing and Urban Development, Budget Unit 02 Public Works Line work 03 Infrastructure Investment increases with the amount of $ 150,000 and in the List of Public Investment Projects, the following should be incorporated Project 5358 "Construction Mitigation Works in East Slope of Private Gardens Monte Blanco, Municipality of Soyapango, San Salvador Department" with the same amount, thus:
three. Purposes relationship with Allocated Resources and Budget Unit
Line of Work Purpose Cost


03Inversión 02Obras Public Infrastructure Construction, reconstruction, rehabilitac ion and improvement of road infrastructure at national level; Also, the amount of $ 1,532,344 is included as Opinion No. 82 dated November 8, 2012, issued by the Commission of Treasury and Budget of the Legislative Assembly.

150.000 150.000 150.000 Total

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

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Budget Unit and Budget Line Encryption Working 61 Capital Expenditures Capital Expenditures Total


02 2013-4300-4-02-03-22-5 Public Works Infrastructure Investment Grants |
|| 150,000 150,000 150,000


150,000 150,000 150,000 Total
5. List of Public Investment Projects Code Project

Funding Source Target Geographic Location
Physical Completion Date Amount Project


5358
03 02 Public Works Infrastructure Investment
C onstruction Mitigation Works in East Slope of Private Gardens Monte Blanco, Municipality of Soyapango, San Salvador Department. 100% of donations Avance San Salvador Dic./2013
150,000


150.000 150.000 150.000 Total
The resources are incorporated by this Legislative Decree worth US $ 150,000, should be applied to the Source of Resources 20 Government of the Republic of France.
Art. 2. This decree comes 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 eleventh day of April in the year two thousand and thirteen.
OTHON Sigfrido Reyes Morales, president.
ALBERTO ROMERO ARMANDO RODRIGUEZ, GUILLERMO ANTONIO NAVARRETE GALLEGOS, FIRST VICE. SECOND VICE PRESIDENT.
MERINO JOSE FRANCISCO LOPEZ, FRANCISCO ROBERTO DURAN LORENZANA, THIRD VICE. FOURTH VICE.
ROBERTO JOSE d'Aubuisson MUNGUIA, FIFTH VICE.
PEÑA LORENA GUADALUPE MENDOZA, CARMEN ELENA CALDERON SOL DE ESCALON, First Secretary. Second Secretary.
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SALGADO SANDRA MARLENE GARCIA, JOSE RAFAEL MACHUCA Zelaya, Third Secretary. Fourth secretary.
IRMA VASQUEZ PALACIOS LOURDES, MARGARITA ESCOBAR, FIFTH SECRETARY. SIXTH Secretariat. JOSE FRANCISCO
ZABLAH SAFIE, REYNALDO ANTONIO LOPEZ Cardoza seventh Secretary. EIGHTH SECRETARY.
PRESIDENTIAL HOUSE: San Salvador, this twenty-sixth day of April in the year two thousand and thirteen.
Published, Carlos Mauricio Funes Cartagena
, President of the Republic.
Juan Ramon Caceres Carlos Enrique Chavez, Minister of Finance.
OJ No. 76 Volume No. 399 Date: April 26, 2013
FN / IELP 05/22/2013
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