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Yes, prior to consideration by MIGA's Board of Directors, MIGA discloses on its website a "Summary of Proposed Guarantee" that includes the name of the investor, the host country, a brief project description, the risks covered, and the amounts to be insured. Proprietary information is not disclosed without the investor's approval. Environmental and social information is also disclosed for all projects with any potentially adverse social or environmental impacts. After MIGA signs a contract of guarantee with an investor, MIGA discloses a "Project Brief" containing final details of the investment. Project briefs are also published in MIGA's annual report.
Thanks for the invitation
Good question
Yes, certainly
by subjecting and approval of the Director in charge.
Yes, subject Director Board approval.
The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. Such guarantees help investors protect foreign direct investments against political and non-commercial risks in developing countries.[1] MIGA is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established in1988 as an investment insurance facility to encourage confident investment in developing countries.[2] MIGA's stated mission is "to promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people's lives".[1] The agency focuses on member countries of the International Development Association and countries affected by armed conflict.[3][4] It targets projects that endeavor to create new jobs, develop infrastructure, generate new tax revenues, and take advantage of natural resources through sustainable policies and programs.[5]
MIGA is owned and governed by its member states, but has its own executive leadership and staff which carry out its daily operations. Its shareholders are member governments which provide paid-in capital and have the right to vote on its matters. It insures long-term debt and equity investments as well as other assets and contracts with long-term periods. The agency is assessed by an independent evaluator each year. Its2011 evaluation recommended that it utilize its recently expanded investing capacity and closely monitor projects' profitability to better understand their impacts on its financial performance. MIGA's total investments amounted to $1.1 billion in2011. It issued $2.1 billion worth of new investment guarantees in2011 and held $1.5 billion in total assets.
The Mega disclose all hidden information without any approval by the investor and all information related to projects subject to investor and published through its name, country, and projects related to all the negative effects Palmstthmrotban
