Sessional Paper No. 02 of 1969 Government Guarantee for a Loan to the East African Harbors Corporation by the International for Reconstruction and Development
View/ Open
Publication Date
1969Author
Type
Sessional Paperviews
downloads
Metadata
Show full item recordBy
Goverment of kenya
Abstract/ Overview
In accordance with section 5 of the Loans (Guarantee) Act 1966, the following information is laid before the National Assembly in connexion with a proposed guarantee by the Government (jointly and severally with the Governments of Uganda and Tanzania) of the obligations of the East African Harbours Corporation in respect of a- loan of the equivalent of approximately K£12,400,000 to the Corporation by the International Bank for Reconstruction and Development (World Bank). To obtain the finance necessary for full implementation of its 1969-72 port development programme, the East African Harbours Corporation asked the International Bank for Reconstruction and Development for a loan in various foreign currencies equivalent to thirty-five miliion U.S. dollars or approximately K£12.4 million. Not all the programme will be financed by this borrowing. Careful assessment has been made of the amount that the Corporation itself can contribute towards the cost of implementing the programme: it js the shortfall,roughly equivalent to the foreign content of the necessary finance, that is to be borrowed.
Subject/ Keywords
Infrastructure Development; Loan Guarantee; Harbours Corporation; International Loans; Reconstruction and Development; Kenya
Publisher
The Government PrinterSeries
Sessional Paper;1969Collections
- Sessional Papers [422]
Related items
Showing items related by title, author, creator and subject.
-
Nyeri County Intergrated Development Plan 2013- 2017
County Government of Nyeri (County Government of Nyeri, 2013)This County Integrated Development Plan has been prepared in accordance with the policies stipulated in the Kenya Vision 2030, the Medium Term Plans and other national policy documents. It is also aligned to the Constitution ... -
Homa Bay County Integrated Development Plan 2018-2022 (Draft)
County Government of Homa Bay (County Government of Homa Bay, 2018)The plan is divided into five chapters. Chapter one deals with the County General Information which provides the background description of the county. This includes position and size of the county, administrative and ... -
Vihiga County Annual Development Plan 2020-2021
County Government of Vihiga (County Government of Vihiga, 2020)The Constitution of Kenya recognizes the importance of planning as articulated in Article 220 (2) , and Articles 201 that further sets out the principles that should be adhered to in the administration and management of ...