[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-113335-en":3,"doc-seo-113335-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},113335,7971461740886,"Theodore","https://ap-avatar.wpscdn.com/davatar_3d24733baf745e90a7e4bdd5f77d97b2",8,"Research & Report","Multilateral Investment Guarantee Agency (MIGA) Annual Report 2021 - Development Impact and COVID-19 Response","MIGA’s FY21 annual report highlights its mandate to mobilize cross-border private investment in developing countries through political risk insurance and credit enhancement. In FY21, MIGA issued US$5.2 billion in new guarantees across 40 projects, supporting electricity access, jobs, host-country tax revenues, and business lending. It also describes US$5.6 billion issued via the COVID-19 Response Program and planned growth, emphasizing countercyclical support during the pandemic. As part of the World Bank Group, MIGA focuses on economically, environmentally, and socially sustainable development impact while helping investors mitigate key government and conflict-related risks.","Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized  \nAnnual R–e–p2rt21  \nAbout MIGA  \nOur mandate is to promote cross-border private investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders.  \nIn FY21, MIGA issued US$5.2 billion in new guarantees across 40 projects. These projects are expected to provide 784,000 people with new or improved electricity service, create over 14,000 jobs, generate over US$362 million in taxes for the host countries, and enable about US$1 .3  \nbillion in loans to businesses—critical as countries around the world work to keep their economies afloat. Of the 40 projects supported during FY21, 85 percent addressed at least one of the strategic priority areas, namely, IDA-eligible countries (lower-income), fragile and conflictaffected situations (FCS), and climate finance.  \nAs of June 2021, we have also issued US$5.6 billion of guarantees through our COVID-19 Response Program and anticipate an expansion to US$10–$12 billion over the coming years, a testament to the countercyclical role that MIGA can play in mobilizing private investment in the face of the pandemic.  \nA member of the World Bank Group, MIGA is committed to strong development impact and promoting projects that are economically, environmentally, and socially sustainable. MIGA helps investors mitigate the risks of restrictions on currency conversion and transfer, breach of contract by governments, expropriation, and war and civil disturbance, as well as offering credit enhancement on sovereign obligations.  \nWorld Bank Group  \nWorld Bank Group Global Commitments  \nIn fiscal 2021, the World Bank Group delivered record levels of financing at an unprecedented pace; conducted in-depth analysis and research; and partnered with governments, the private sector, and other institutions to help developing countries address the wide-ranging impacts of the COVID-19 pandemic and work toward a green, resilient, and inclusive recovery.  \nTotal US$98.8 billion  \nin loans, grants, equity investments, and guarantees to partner countries and private businesses*  \n$10.9 billion  \nEurope & Central Asia  \n$13.5 billion  \nEast Asia & Pacific  \n$17.5 billion  \nLatin America & the Caribbean  \n* Total includes multiregional and global operations. Regional breakdowns reflect World Bank country classifications  \n2  \nMessage from the President  \nSince the start of the COVID-19  \npandemic, the World Bank Group has worked hard to help countries fight the pandemic’s health, economic, and social impacts.  \nFrom April 2020 through the end of fiscal 2021, the Bank Group committed over $157 billion—the largest crisis response in any such period of our history. We have helped countries address the health emergency, procure billions of dollars of medical supplies, deploy COVID-19 vaccines, strengthen health systems and pandemic preparedness, protect the poor and vulnerable, support businesses, create jobs, promote growth, and expand social protection.  \nDespite this unprecedented global effort, the pandemic has reversed gains in global poverty reduction for the first time in a generation, pushing nearly 100 million people into extreme poverty in 2020. I remain deeply concerned about fragile states, which have been particularly hard-hitby unsustainable debt burdens, climate change, conflict,  \nand weak governance. And though I am hopeful for the global economy to rebound, many of the world’s poorest countries are being left behind, with inequality widening both within and between countries. We are committed to working with our partners to find solutions to these urgent challenges—including by promoting transparency, human rights, and a rule of law that extends accountability to all institutions. We are working to save lives, protect the poor and vulnerable, support business growth and job creation, and rebuild in better ways toward a g","cbCailwb5u7tLwOa","https://ap.wps.com/l/cbCailwb5u7tLwOa","pdf",4293890,1,58,"English","en",105,"# About MIGA\n## Mandate and FY21 guarantee outcomes\n## COVID-19 Response Program and countercyclical role\n# Message from the President\n## World Bank Group crisis response and commitments\n## Health impacts, poverty reversal, and governance challenges\n## Vaccine support and partnerships\n## Debt relief and debt service suspension","[{\"question\":\"What is MIGA’s mandate in developing countries?\",\"answer\":\"MIGA promotes cross-border private investment by providing guarantees, including political risk insurance and credit enhancement, to investors and lenders in developing countries.\"},{\"question\":\"What did MIGA achieve in FY21 in terms of new guarantees?\",\"answer\":\"In FY21, MIGA issued US$5.2 billion in new guarantees across 40 projects, expected to improve electricity services, create jobs, generate taxes, and enable business loans.\"},{\"question\":\"How does MIGA support the COVID-19 response?\",\"answer\":\"MIGA issued US$5.6 billion in guarantees through its COVID-19 Response Program and anticipates expanding the program to US$10–$12 billion, highlighting a countercyclical role during the pandemic.\"}]",1784502790,146,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":85,"head_meta":87,"extra_data":89,"updated_unix":27},"multilateral-investment-guarantee-agency-miga-annual-report-2021-development-impact-and-covid-19-response","",{"@graph":35,"@context":84},[36,53,67],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/multilateral-investment-guarantee-agency-miga-annual-report-2021-development-impact-and-covid-19-response/113335/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":61,"encodingFormat":60,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":4},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What 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