MIGA Annual Report 2015
In fiscal year 2015, the Multilateral Investment Guarantee Agency (MIGA) issued a total of $2.8 billion in guarantees for 40 projects in MIGA's developing member countries. An additional $3.2 million was issued under MIGA-administered trust funds. Projects spanned regions and sectors, with 60 p...
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okr-10986-226482021-04-23T14:04:10Z MIGA Annual Report 2015 Multilateral Investment Guarantee Agency financial commitments disbursements operational highlights insurance gross outstanding exposure investment portfolio In fiscal year 2015, the Multilateral Investment Guarantee Agency (MIGA) issued a total of $2.8 billion in guarantees for 40 projects in MIGA's developing member countries. An additional $3.2 million was issued under MIGA-administered trust funds. Projects spanned regions and sectors, with 60 percent of this new issuance falling into at least one of MIGA's priority areas. At the end of the year, MIGA's gross exposure was $12.5 billion. Of this, $4.8 billion was ceded to MIGA's reinsurance partners. MIGA’s mission is to support economic growth, reduce poverty, and improve people’s lives. In order to achieve this, the agency needs a clear understanding of the development outcomes of the projects it supports. MIGA’s Development Effectiveness Indicator System (DEIS) collects a common set of indicators from clients to demonstrate results across all projects: volume of investment catalyzed, direct employment, taxes paid, and value of locally procured goods. It also measures sector-specific indicators. MIGA's $2.8 billion issuance in fiscal year 2015 is expected to catalyze an additional $9.8 billion in public and private co-investment. 2015-09-22T14:23:11Z 2015-09-22T14:23:11Z 2015-09-22 Annual Report http://hdl.handle.net/10986/22648 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group Washington, DC: World Bank Group Publications & Research Publications & Research :: Annual Report |
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financial commitments disbursements operational highlights insurance gross outstanding exposure investment portfolio |
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financial commitments disbursements operational highlights insurance gross outstanding exposure investment portfolio Multilateral Investment Guarantee Agency MIGA Annual Report 2015 |
description |
In fiscal year 2015, the Multilateral Investment Guarantee Agency (MIGA) issued a total of $2.8 billion in guarantees for 40 projects in MIGA's developing member countries. An additional $3.2 million was issued under MIGA-administered trust funds. Projects spanned regions and sectors, with 60 percent of this new issuance falling into at least one of MIGA's priority areas. At the end of the year, MIGA's gross exposure was $12.5 billion. Of this, $4.8 billion was ceded to MIGA's reinsurance partners. MIGA’s mission is to support economic growth, reduce poverty, and improve people’s lives. In order to achieve this, the agency needs a clear understanding of the development outcomes of the projects it supports. MIGA’s Development Effectiveness Indicator System (DEIS) collects a common set of indicators from clients to demonstrate results across all projects: volume of investment catalyzed, direct employment, taxes paid, and value of locally procured goods. It also measures sector-specific indicators. MIGA's $2.8 billion issuance in fiscal year 2015 is expected to catalyze an additional $9.8 billion in public and private co-investment. |
format |
Annual Report |
author |
Multilateral Investment Guarantee Agency |
author_facet |
Multilateral Investment Guarantee Agency |
author_sort |
Multilateral Investment Guarantee Agency |
title |
MIGA Annual Report 2015 |
title_short |
MIGA Annual Report 2015 |
title_full |
MIGA Annual Report 2015 |
title_fullStr |
MIGA Annual Report 2015 |
title_full_unstemmed |
MIGA Annual Report 2015 |
title_sort |
miga annual report 2015 |
publisher |
Washington, DC: World Bank Group |
publishDate |
2015 |
url |
http://hdl.handle.net/10986/22648 |
_version_ |
1764451664243195904 |