Sessional Paper No 03 of 1981 on the Kenya Government Guarantee of a loan to the Industrial Development Bank Limited from the Swiss Confederation

Abstract

In a accordance with the provisions of the guaranteed (Loans) Act (Cap 461) the following information is laid before the national assembly relating to a guarantee by the government off the obligations of the industrial development bank limited ( hereinafter referred to as IDB) in respect of a loan of swiss francs 10 million equivalent to Kenya shillings 41,304,000 t current rates of exchanges to be granted to IDB by the Swiss confederation, Bernc, Switzerland…