Approval Of Loan Agreement Signed With The Central American Bank For Economic Integration (Cabei) The Amount Of $ 60,000,000.

Original Language Title: APRUÉBASE CONTRATO DE PRÉSTAMO SUSCRITO CON EL BANCO CENTROAMERICANO DE INTEGRACIÓN ECONÓMICA (BCIE) POR UN MONTO DE $60,000,000.

Read the untranslated law here: http://www.asamblea.gob.sv/eparlamento/indice-legislativo/buscador-de-documentos-legislativos/apruebase-contrato-de-prestamo-suscrito-con-el-banco-centroamericano-de-integracion-economica-bcie-por-un-monto-de-60-000-000/archivo_documento_legislativo



1 DECREE No. 245

THE LEGISLATURE OF THE REPUBLIC OF EL SALVADOR, CONSIDERING
:
I.- by Legislative Decree No. 1057, dated April 19, 2012, published in the Journal official No. 73, Volume No. 395 of 23 of the same year, the Legislature 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 with the Central American Bank for Economic Integration (BCIE), for an amount of up SIXTY MILLION DOLLARS oF tHE UNITED STATES oF AMERICA (US $ 60,000,000.00) to finance the program called "Family Agriculture Plan and Rural for Food and Nutrition Security "entrepreneurialism.
II.- That the aforementioned Loan Agreement was signed on May 4, 2012, by the Minister of Finance, in correspondence to the authorization granted by the above related Legislative Decree No. 1057.
III should be approved the loan contract, which has been submitted to the Assembly, for which it has complied with the provisions of Art. 148 of the Constitution of the Republic.
THEREFORE,
in exercise of its constitutional powers, DECREES
:
Art. 1. Approval of the Loan Agreement No. 2077 signed on May 4, 2012, between the Government of the Republic of El Salvador and the Central American Bank for Economic Integration (BCIE), for an amount of SIXTY MILLION DOLLARS OF THE UNITED STATES oF AMERICA (US $ 60,000,000.00), which will be used to finance the program called "Plan for Family Agriculture and Rural Entrepreneurship for Food and Nutrition Security".
Art. 2. This Decree shall enter into force from the day of its publication in the Official Journal.
DADO IN BLUE ROOM OF THE LEGISLATIVE PALACE: San Salvador, on the nineteenth day of December in the year two thousand and twelve.
OTHON Sigfrido Reyes Morales, president.
ALBERTO ROMERO ARMANDO RODRIGUEZ, GUILLERMO ANTONIO NAVARRETE GALLEGOS, FIRST VICE. SECOND VICE PRESIDENT.


LEGISLATIVE INDEX
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MERINO JOSE FRANCISCO LOPEZ, FRANCISCO ROBERTO DURAN LORENZANA, THIRD VICE. FOURTH VICE.
JOSE ROBERTO MUNGUÍA d'Aubuisson, FIFTH VICE.
PEÑA LORENA GUADALUPE MENDOZA, CARMEN ELENA CALDERON SOL 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 López Cardoza seventh Secretary. EIGHTH SECRETARY.
Casa Presidencial: San Salvador, on the twentieth day of December in the year two thousand and twelve.
PUBLISH, Carlos Mauricio Funes Cartagena
, President of the Republic.
Juan Ramon Caceres Carlos Enrique Chavez, Minister of Finance.
Tomo OJ No. 239 No. 397 Date: December 20, 2012 JBCHM
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