The Multinational Investment Guarantee Agency (MIGA)


Ajit Kumar AJIT KUMARWISDOM IAS, New Delhi.

MIGA is the new affiliate of the World Bank family and was established in 1988. It has an authorized capital of $ 1.08 billion.
 
Objectives
1) To encourage the flow of direct foreign investment into developing member countries.
2) It provides insurance cover to investors against political risks.
3) It insures only new investments.
4) Promotional and advising services are provided to increase the attractiveness of the investment climate.
 
MIGA’s guarantee serves as a catalyst for multinational investments.


Friday, 18th Mar 2016, 10:26:20 AM

Add Your Comment:
Post Comment