Sessional Paper No. 02 of 1977 on Government Guarantee of a Loan to the Industrial Development Bank Limited.
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Government of Kenya
Abstract
In accordance with the provision of the Guarantee (Loans) Act (Cap 461) the following information is laid before the National assembly relating to a guarantee by the government of the obligations of the industrial development bank limited ( Hereinafter referred to as ‘IDB’) in respect of a foreign currency loan equivalent to a maximum of deutsche marks six million to be granted to IDB by Deutsche Gesellscharft Fur Wirtschaftliche Zusammenarbeit ( Entwicklungsgesellschaft) MbH (Germany Development company ) of cologne Federal Republic of Germany, (hereinafter referred to s the DEC)...
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Keywords
Industrial Development, External Borrowing, Equity Investment, Development loans, Bank Credit