In accordance with the provisions of the Guarantee (Loans) Act ,(Cap. 461), the following is laid before the National Assembly relating to a guarantee by the Government of the obligation of the Industrial Development Bank Limited in respect of a foreign currency loan equivalent to a maximum of Deutsche Marks 4 million granted by Deutsche Gesellschaft fur wirtschaftliche Zusammenarbeit (Ent.wicklungsgesellschaft) mbh ( the German Development Company) of Cologne, Federal Republic of Germany, (hereinafter referred to as D.E.G.)…