HC Deb 07 July 1924 vol 175 cc1769-70
62. Sir F. WISE

asked the Secretary of State for the Colonies what are the total loans issued by the Government of Kenya; and what is the maximum and minimum interest charged on the loans?

Mr. THOMAS

The only loan issued by the Government of Kenya is the 6 per cent. loan of £5,000,000 raised in 1921. In addition, the hon. Member will be aware that early this year the House voted a sum of £3,500,000 to the Governments of Kenya and Uganda for transport development, interest on which, at 5 per cent., will begin to be due after the first five years. No other loans are outstanding.

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