Reformed Budget Law, In Part Corresponding To The Presidency Of The Republic.

Original Language Title: REFÓRMASE LA LEY DE PRESUPUESTO, EN LA PARTE QUE CORRESPONDE A LA PRESIDENCIA DE LA REPÚBLICA.

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/archivo_documento_legislativo



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444444444444444444444444444444444444444444444444444444444444 REPUBLIC OF EL SALVADOR))) CENTRAL AMERICA DECREE No. 1024

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, authorized the Executive Branch in the Field of Finance, that by means of the holder or the official appointed by him, subscribe 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, in the amount of US $ 50,000,000.00 to finance implementation Project "Income Protection and Employability".
II.- in harmony with the aforementioned Legislative Decree, dated July 19, 2010, was signed the aforementioned Loan Agreement, being the No. 7811-SV, which 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.
III.- That pursuant to Article III - Draft of the Convention, the Technical Secretariat of the Presidency of the Republic will run the Component C) Support for the Design and Development of Universal Social Protection System in the amount of $ 2,300,000, comprising the implementation of technical assistance project (not investment) Code No. 30029 entitled "Support for the Design and Development of Universal Social Protection System (IBRD 7811-SV)".
IV.- That during fiscal 2011, was incorporated in the Budget Law, in the part that corresponds to the Presidency of the Republic, an amount of $ 956.600, which was materialized through the Legislative Decree No. 751 dated June 9, 2011, published in the Official Gazette No. 113, Volume No. 391, 17 of the same year; which it will only be executed $ 63,378.50, which currently is available $ 2,236,621.50, which are not scheduled in the Budget Law for the fiscal year Fiscal 2012, approved by Legislative Decree No. 918, dated November 23, 2011, published in Official Gazette No. 236, Volume No. 393, December 16 the same year.
V.- That for the current fiscal year 2012 is required to use the amount of $ 1,487,700 to continue the implementation of the Project related in the third recital of this decree; so, in order that the Technical Secretariat of the Presidency of the Republic to have the budgetary provision to enable the strengthening of institutional capacity to implement the Universal Social Protection System, it is necessary


2 444444444444444444444444444444444444444444444444444444444444 REPUBLIC OF EL SALVADOR))) CENTRAL AMERICA
incorporate relevant reforms of revenue and expenditure of the budget law.
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:
1. In paragraph II-INCOME, item 31 Public Debt has 314 Contracting of external borrowing, the specific source increméntase 31404 From Multilateral Organizations, with the amount of US $ 1,487,700, as follows:
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 August 12, 2010, published in the Official Journal No. 157, Book No. 388, 25 of the same year. (Presidency of the Republic). US $ 1,487,700
2. EXPENSES in paragraph III, in the part corresponding to the Presidency of the Republic, literal B. Resource Allocation in the Budget Unit 05 Technical Secretariat hereby added work 03 Line Support Design and Development of Universal Social Protection System ( IBRD loan No. 7811-SV), with the purpose, allocation of expenses, amount and respective draft public investment, as follows:
three. Purposes relationship with Allocated Resources and Budget Unit
Line of Work Purpose Cost


03 05 Technical Secretariat 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 to the achievement of greater human development and family welfare with equity and social inclusion 1,487,700
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444444444444444444444444444444444444444444444444444444444444 REPUBLIC OF EL SALVADOR))) CENTRAL AMERICA
4. Budget Allocation by Category Grouping, Funding Source and Destination
Budget Unit Economic and Budgetary Line Encryption Working 54 Procurement of Goods and Services


61 Investments in Fixed Assets Current Expenses
| || Capital Expenditures


05 Total Technical Secretariat External Loans 2012-0500-1-05-03-21-3

External Loans 23-3
Support Design and Development of Universal Social Protection System (IBRD Loan No. 7811-SV)

1,410,100 1,410,100 77,600


1,410,100 77,600 || | 1,410,100 77,600


1,410,100 1,487,700 77,600


77,600 -5. List of Public Investment Projects Code Project

Meta Funding Source Geographic Location Physical Completion Date Amount 30029 Project


03 05 Technical Secretariat Design and Development Support System Protection Universal social (IBRD Loan No.7811-SV)
Support System Design and Development of Universal social Protection (IBRD 7811-SV) 100% External Loans Advance San Salvador Dec. / 12 1487700


1,487,700 resources of $ 1,487,700 which are incorporated by this Legislative Decree shall be applied to the source resources 9 International Bank for Reconstruction and Development.
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 twenty-second day of March in the year two thousand and twelve.
Othon Sigfrido Reyes Morales President
Ciro Cruz Zepeda Peña Antonio Gallegos Guillermo Navarrete First Vice President Second Vice
José Francisco Merino Lopez Alberto Rodriguez Armando Romero Fourth Third Vice Vice President Francisco Roberto Lorenzana Durán
Fifth Vice
Lorena Peña Mendoza César Humberto Guadalupe Garcia Aguilera First Secretary Second Secretary
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444444444444444444444444444444444444444444444444444444444444 REPUBLIC OF EL SALVADOR))) CENTRAL AMERICA
Elizardo Gonzalez Lovo Roberto d'Aubuisson Munguía José Fourth Third Secretary Secretary
Irma Palacios Lourdes Vasquez Fifth Sixth Secretary Secretary
GUERRERO MARIO ALBERTO TENORIO Seventh Secretary
PRESIDENTIAL HOUSE: San Salvador, this twenty-sixth day of March in the year two thousand and twelve.
Published,
Carlos Mauricio Funes Cartagena President of the Republic.
ENRIQUE CACERES JUAN CARLOS CHAVEZ RAMON, Minister of Finance.
OJ No. 59 Volume No. 394 Date: 26 March 2012.
SV / geg 24/04/12