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

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Government of Kenya

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…

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External Borrowing, Government Support, Commercial Loans, Industrial Development, Bank Debts, International Banks

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