This press release announces on May 29, 1975, that the World Bank has approved a loan of thirty million US dollars to help Kenya adjust to the deterioration in its balance of payments as a result of general world inflation, including the oil crisis, and worsening terms of trade. The loan aims to help finance the import of essential raw materials and capital and intermediate goods to maintain a reasonable level of development while long-term changes...
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INFORMATION
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1975/05/28
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Annonce
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175701
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1
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2022/09/05
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Disclosed
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Announcement of Thirty Million US Dollars for Economic Development in Kenya on May 29, 1975