Sessional Paper No. 02 of 1984 on Kenya Government Guarantee of a Loan to the Tana and Athi Rivers Development Authority by the Yugoslav Bank for International Economic Cooperation to the Finance Part of the Construction Cost of the Kiambere Hydroelectric Project

Abstract

The Government proposes to guarantee a loan of U.S. Dollars Eleven million four hundred thousand (US $11,400,000) equivalent to Kenya shillings one hundred fifty six million (Kshs. 156,000,000) to be made available to the Tana and Athi Rivers Development Authority (TARDA) by the Yugoslav Bank for International Economic Cooperation which has its Head Office in Yugoslavia. This loan is required to finance part of the construction costs the Kiambere Hydroelectric Project which is being developed by the Tana and Athi Rivers Development Authority which is a Government owned parastatal