Sessional Paper No. 03 of 1970 on Kenya Government Guarantee for a Loan to the East African Posts and Telecommunications Corporation by the International Bank for Reconstruction and Development the Guarantee (Loans) Act 1966

Abstract

In accordance with section 5 of the Guarantee (Loan) Act 1966, the following information is laid before the National Assembly in connexion with proposed guarantee by the Kenya Government (jointly and severally with the Governments of United Republic of Tanzanja and Republic of Uganda) of the obligations of the East African Posts and Te!ecommunication Corporation in respect of a loan of the equivalent of approximately K£3 ,713,000 ($10,400,000) to the Corporation by the International Bank for Reconstruction and Development (World Bm1k)