Sessional Paper No. 02 of 1989 on Kenya Government Guarantee of a Loan to the Kenya Post and Telecommunications Corporation (KP&TC) by De Nederlandse Investeringsbank for Telephone Cables

Abstract

The Kenya Posts and Telecommunication Corporation intends to borrow thirteen million, eight hundred and seventy seven thousand Netherlands guilders (NLG 13,877,000) equivalent to Kenya shillings, one hundred and forty two million, nine hundred and thirty three thousand, one hundred, (Ksh.142,933,100) from the De Nederlandse Investeringsbank Voor Ontwikkelinglanden N.V. for the purpose of financing the purchase of telephone cables for NKF-Kabel B.V. In accordance with the provision of the Guarantee (Loan) Act (Cap.461) the following information is laid before the National Assembly for consideration and approval...