Organizations · 1 story

Multilateral Investment Guarantee Agency

The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group, established in 1988. It provides political risk insurance — covering expropriation, currency transfer restrictions, war and civil disturbance, and breach of contract — to foreign investors in developing countries, with the aim of encouraging direct investment. Headquartered in Washington, D.C., MIGA counts more than 180 countries as its members.