Sessional Paper No. 18 of 1975 on Government Guarantee for a Loan by The International Bank for the construction and Development to the East African Development Bank

Abstract

In accordance with the provisions of the guarantee (Loans) Act Cap 461 the following information Is laid before the national assembly relating to a guarantee which the Kenya government propose to give jointly and severally with the Government of the united Republic of Tanzania and the republic of Uganda, in respect of a Loan in various currencies equivalent to fifteen million dollars ( $ 1500000 of approximately ksh 6150000 at the preset rate of exchange by the international bank for reconstruction and development ( World Bank to the east African development bank…