Sessional Paper No. 02 of 1977 on Government Guarantee of a Loan to the Industrial Development Bank Limited.

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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Industrial Development, External Borrowing, Equity Investment, Development loans, Bank Credit

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