Reformed Budget Law In The Field Of Treasury, To Include The Amount Of $ 4,813,890.00

Original Language Title: REFÓRMASE LA LEY DE PRESUPUESTO EN EL RAMO DE HACIENDA, PARA INCORPORAR LA CANTIDAD DE $4,813,890.00

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-hacienda-para-incorporar-la-cantidad-de-4-813-890.00/archivo_documento_legislativo



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DECREE No. 324 THE LEGISLATURE OF THE REPUBLIC OF EL SALVADOR, CONSIDERING
:
I.- by Legislative Decree No. 392, dated June 17, 2010, published in the Official Gazette No. 130, Volume No. 388 of July 12 the same year, he authorized the Executive Branch in the Field of Finance to by the holder or the representative designated by him, subscribe on behalf of the State and Government of the Republic of El Salvador a loan agreement for an amount of EIGHTY MILLION DOLLARS oF tHE UNITED STATES oF AMERICA (US $ 80,000,000), with the International Bank for Reconstruction and Development, IBRD to finance the "Project for Strengthening Government Local".
II.- by Legislative Decree No. 455, dated August 26, 2010, published in the Official Gazette No. 174, Volume No. 388, September 20 the same year, it was approved in all its parts Convention loan No. 7916-SV, called "Project for Strengthening Local Government", signed with the International Bank for Reconstruction and Development, IBRD, July 19, 2010, for an amount of EIGHTY MILLION DOLLARS oF tHE UNITED STATES oF AMERICA ( US $ 80,000,000), which would be jointly implemented by the Social Investment Fund for Local Development, FISDL, by SIXTY-SEVEN MILLION NINE FOUR THOUSAND EIGHTY SEVEN DOLLARS oF tHE UNITED STATES oF AMERICA (US $ 67,904,087) and the Institute Salvadoran Municipal Development ISDEM by TWELVE MILLION NINETY FIVE HUNDRED AND THIRTEEN THOUSAND DOLLARS oF THE UNITED STATES oF AMERICA (US $ 12,095,913).
III.- That according to the Loan Agreement referred to in Program 4, Section "Terms and Conditions of the Municipal Framework Agreements and the Implementation Agreement", Section II Implementation Agreement, Letter D, it was established that the Salvadoran Institute of Municipal Development, ISDEM, should keep all the time, during implementation of the project, a project implementation Unit, PIU, with a structure, functions and responsibilities acceptable to IBRD; however, by letter dated Second Amendment December 20, 2012, signed by IBRD, Annex B, Section II-Implementation of the Agreement, Literal E., seconding the Project Implementation Unit is changed to the Ministry of Finance who must operate and maintain during the execution of the said Project Unit.
IV.- That the amount that corresponded to run the Salvadoran Institute of Municipal Development, ISDEM, there is an available balance at December 31, 2012 amounting to EIGHT MILLION NINE HUNDRED SIXTY-SIX THOUSAND SIX HUNDRED THIRTY 43/100 DOLLARS oF tHE UNITED STATES oF AMERICA (US $ 8,966,236.43), which is required for the current fiscal year 2013 the amount of FOUR MILLION EIGHT HUNDRED NINETY THOUSAND THIRTEEN


2 DOLLARS OF THE UNITED STATES OF AMERICA (US $ 4,813,890).
V.- That in order that the bouquet of Finance provided the budgetary structure and resources necessary for the functioning of the Executive Unit of the Project for Strengthening Local Government must be incorporated in the Budget Law in force, approved by Legislative Decree No. 182, dated November 8, 2012, published in the Official Gazette No. 228, Volume No. 397 of December 5 of that year, as amended.
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 31404 specific source of multilateral bodies, thus:
Loan No. 7916-SV, signed with the International Bank for Reconstruction and Development, IBRD, on July 19, 2010, to finance the implementation of the "Project for Strengthening Local Governments "approved by Legislative Decree No. 455, dated August 26, 2010, published in the Official Gazette No. 174, Volume No. 388 of September 20 the same year. $ 4,813,890
B) in paragraph III - EXPENSES in the share Bouquet of Finance, Literal B. Resource Allocation, Budget Unit would incorporate 25 Strengthening Local Governments Working Line 01 Support and Local Governments Public Investment projects below and indicate:


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

Strengthening Local Governments 25 01 Support to Local Governments

Strengthen technical assistance and coordinate actions municipal benefit in implementing the Project for Strengthening Local Government, in order to improve administrative and financial processes, optimizing the basic services provided by municipalities.

4,813,890 4,813,890 4,813,890 Total

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

Budget Line Encryption Working 54 Procurement of Goods and Services


55 Financial Expenses and Other
61 Investments in Fixed Assets


62 Transfers Capital Expenditures Capital

25 Strengthening Local Governments External Loans 2013-0700-3-25-01-22-3
Support Local Governments

3,622,490 3,622,490 6,085


6,085 1,015,195 1,015,195 170,120


170,120 4,813,890 4,813,890 6,085 1,015,195 3,622,490
Total 170,120 4,813,890
5. List of Public Investment Projects Code Project

Funding Source Target Geographic Location Physical Completion Date


Project Amount 30026
30027

30028 Strengthening Local Governments 25 01 Support for Strengthening municipal governments IBRD 7916-SV Local Governments.
Support for Decentralization Strategy IBRD 7916-SV.
Administration Project IBRD 7916-SV.

External Loans Loans Loans External External


100% 100% 100%


Nationally Nationally Nationally
|| | Dec / 2013
Dec / 2013
Dec / 2013
4,813,890 4,813,890
3,537,115
475,000
801.775 Total 4,813,890

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C) The resources are incorporated by this Legislative Decree, worth FOUR MILLION EIGHT HUNDRED NINETY THIRTEEN THOUSAND DOLLARS OF THE UNITED STATES OF AMERICA (US $ 4,813,890) shall be applied to the source resources 9 Bank International 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, at twenty days of the month February 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.
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.
Casa Presidencial: San Salvador, on the fifth day of March in the year two thousand and thirteen.
PUBLISH, Carlos Mauricio Funes Cartagena
, President of the Republic.
Roberto Solorzano Jesus Castro, Deputy Minister of Finance, chare.


5 OJ No. 44 Tomo # 398 Date: March 5, 2013
FNM / geg 05/04/2013
LEGISLATIVE INDEX