Structural Adjustment Credit - Kshs 7,728,600,064
|
Creditor |
|
|
Creditor Category |
Multilateral |
|
Borrower |
Government of Kenya |
|
Borrower Category |
Central Government |
|
Date Agreement Signed |
10-Apr-1980 |
|
Date Loan Matures |
01-Oct-2029 |
|
Original Agreement |
55,000,000 (USD) |
|
Revised Amount |
55,000,000 (USD) |
|
Amount in Kshs(2023) |
7,728,600,064.00 |
|
Interest Rate |
0.75 |
|
Terms |
Loan of US$ 55,000,000. Repayable in 80 semi-annual instalments commencing on 1st April, 1990 and ending 1st October ,2029. The 1st 20 instalments to be 0.5% of the loan amount and 1.5% thereafter. |
Num |
Year |
Amount at Start |
Withdrawals |
Repayments |
Amount at end |
|---|---|---|---|---|---|
|
1 |
2023 |
(USD) 12,375,000.00 |
0.00 |
1,650,000.00 |
10,725,000.00 |
|
2 |
2022 |
(USD) 14,025,000.00 |
0.00 |
1,650,000.00 |
12,375,000.00 |
|
3 |
2021 |
(USD) 15,675,000.00 |
0.00 |
1,650,000.00 |
14,025,000.00 |
|
4 |
2020 |
(KSH) 1,772,318,048.00 |
0.00 |
175,634,250.00 |
1,669,738,620.00 |
|
5 |
2019 |
(KSH) 1,917,423,750.00 |
0.00 |
168,646,500.00 |
1,772,318,048.00 |
|
6 |
2018 |
(KSH) 2,139,053,813.00 |
0.00 |
670,673,810.00 |
1,917,423,750.00 |
|
7 |
2017 |
(KSH) 2,252,051,505.00 |
0.00 |
499,544,060.00 |
2,139,053,813.00 |