Sessional Paper No. 01 of 1985 on Kenya Government Guarantee of a Loan to the Nairobi City Commission by NESSRS Merrill Lynch Capital Markets of New York

Abstract

In accordance with the provisions of sections 5(1) of the guarantee (Loans) Act (Cap 461) the following information is laid before the National assembly for consideration and approval. The government proposes to guarantee a loan of United State Dollars amounting to seventeen million (US $ 700000) equivalent to Kenya shillings two hundred eighty four million (Ksh 284 M) to be made available to the city commission by Merrill Lynch capital markets of New York…