MIGA 2008 Annual Report
During fiscal year 2008, the Bank Group committed $38.2 billion in loans, grants, equity investments and guarantees to its members and to private businesses in member countries, an increase of $3.9 billion (11.4 percent) from fiscal year 2007. The World Bank, comprising International Development Ass...
| Main Author: | |
|---|---|
| Language: | English |
| Published: |
Washington, DC: World Bank
2012
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/11852 |
| id |
okr-10986-11852 |
|---|---|
| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
accountability Advisory services affiliates arbitration Audit Committee availability of credit banking institutions banking system banner year Bond borrowing costs broker brokers budgeting business development business environment business opportunities capacity constraints capital flows carbon credit cash payment client countries contingent liability contract rights contractual relationships corruption creation of jobs credit growth credit history credit markets credits Currency debt debt relief developing countries developing country developing economies direct financing disclosure of information dispute resolution dividend durable economic development economic growth eligible investment emerging economies emerging markets employment energy resources entrepreneurship entry point environmental standards environmental sustainability equipment equity investment equity investments export Credit exposure exposures expropriation fee income Finance Corporation Financial Infrastructure financial institution financial institutions financial instruments financial management financial markets financial sector Financial sector development financial sectors financial services Financial Statements financial structure financial system food prices Foreign banks foreign capital foreign direct investment foreign direct investments Foreign Investment foreign investments foreign investor foreign investors free loans global climate Global Development Finance global economies global economy Global Financial Markets global markets globalization governance issues growth rate guarantee product guarantee products holder investor Holding Home Finance host countries host country information on investment information services infrastructure development infrastructure investments infrastructure project infrastructure projects Institutional Investor insurance insurance industry insurance market insurer insurers International Bank International Development International Finance investing Investment Bank investment climate investment income investment incomes investment opportunities investment policy investment projects investment risks Islamic Bank Islamic Banks Islamic finance Issuance job creation large cities late payments lease Agreement lenders liability liquidity liquidity crunch llC loan loan agreement loan contract local investors market demands market risk micro-enterprises microfinance microfinance institutions middle-income countries mortgage multilateral development municipal governments national investment natural resources new products now accounts operating income operational efficiency payment in advance payment obligation performance bond political risk political risk insurance political risks Portfolio Portfolio Diversification portfolio risk portfolio risk management power outages private capital private capital flows private capital inflows privatization privatizations public accountability public company rapid expansion regional integration regulatory frameworks reinsurance Reinsurance arrangements renewable energy reputation risk profile savings savings instruments settlement share of capital shareholder shareholders small businesses social development social services sovereign entities stable societies supervisory Board sustainable investments Technical Assistance technology transfer telecommunications telecommunications Infrastructure telephone network telephone services trading transition economies transparency transport treaty trust Fund turnover urban development volatility water supply World Investment Report |
| spellingShingle |
accountability Advisory services affiliates arbitration Audit Committee availability of credit banking institutions banking system banner year Bond borrowing costs broker brokers budgeting business development business environment business opportunities capacity constraints capital flows carbon credit cash payment client countries contingent liability contract rights contractual relationships corruption creation of jobs credit growth credit history credit markets credits Currency debt debt relief developing countries developing country developing economies direct financing disclosure of information dispute resolution dividend durable economic development economic growth eligible investment emerging economies emerging markets employment energy resources entrepreneurship entry point environmental standards environmental sustainability equipment equity investment equity investments export Credit exposure exposures expropriation fee income Finance Corporation Financial Infrastructure financial institution financial institutions financial instruments financial management financial markets financial sector Financial sector development financial sectors financial services Financial Statements financial structure financial system food prices Foreign banks foreign capital foreign direct investment foreign direct investments Foreign Investment foreign investments foreign investor foreign investors free loans global climate Global Development Finance global economies global economy Global Financial Markets global markets globalization governance issues growth rate guarantee product guarantee products holder investor Holding Home Finance host countries host country information on investment information services infrastructure development infrastructure investments infrastructure project infrastructure projects Institutional Investor insurance insurance industry insurance market insurer insurers International Bank International Development International Finance investing Investment Bank investment climate investment income investment incomes investment opportunities investment policy investment projects investment risks Islamic Bank Islamic Banks Islamic finance Issuance job creation large cities late payments lease Agreement lenders liability liquidity liquidity crunch llC loan loan agreement loan contract local investors market demands market risk micro-enterprises microfinance microfinance institutions middle-income countries mortgage multilateral development municipal governments national investment natural resources new products now accounts operating income operational efficiency payment in advance payment obligation performance bond political risk political risk insurance political risks Portfolio Portfolio Diversification portfolio risk portfolio risk management power outages private capital private capital flows private capital inflows privatization privatizations public accountability public company rapid expansion regional integration regulatory frameworks reinsurance Reinsurance arrangements renewable energy reputation risk profile savings savings instruments settlement share of capital shareholder shareholders small businesses social development social services sovereign entities stable societies supervisory Board sustainable investments Technical Assistance technology transfer telecommunications telecommunications Infrastructure telephone network telephone services trading transition economies transparency transport treaty trust Fund turnover urban development volatility water supply World Investment Report Multilateral Investment Guarantee Agency MIGA 2008 Annual Report |
| relation |
MIGA Annual Report; |
| description |
During fiscal year 2008, the Bank Group committed $38.2 billion in loans, grants, equity investments and guarantees to its members and to private businesses in member countries, an increase of $3.9 billion (11.4 percent) from fiscal year 2007. The World Bank, comprising International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD), committed $24.7 billion in loans and grants to its member countries. IDA commitments to the world's poorest countries were $11.2 billion, five percent lower than the previous year. IBRD commitments in fiscal 2008 totaled $13.5 billion, five percent higher than the previous year. International Finance Corporation (IFC) committed $11.4 billion and mobilized an additional $4.8 billion for private sector investments in developing countries, more than 40 percent of which were in IDA eligible countries. Multilateral Investment Guarantee Agency (MIGA) issued close to $2.1 billion in guarantees in support of investments in the developing world, an increase of $730 million over 2007. Of the total, $689.6 million went to IDA-eligible countries. This year, MIGA's operating income was $55 million, compared with $49 million in FY07. The increase of $6 million was due to an increase in net premium income and investment income and a decrease in the agency's administrative expenses. FY08 net income increased by $3.4 million compared to FY07, primarily due to higher guarantee income and investment income and translation gains. |
| author |
Multilateral Investment Guarantee Agency |
| author_facet |
Multilateral Investment Guarantee Agency |
| author_sort |
Multilateral Investment Guarantee Agency |
| title |
MIGA 2008 Annual Report |
| title_short |
MIGA 2008 Annual Report |
| title_full |
MIGA 2008 Annual Report |
| title_fullStr |
MIGA 2008 Annual Report |
| title_full_unstemmed |
MIGA 2008 Annual Report |
| title_sort |
miga 2008 annual report |
| publisher |
Washington, DC: World Bank |
| publishDate |
2012 |
| url |
http://hdl.handle.net/10986/11852 |
| _version_ |
1764418215809646592 |
| spelling |
okr-10986-118522021-04-23T14:02:58Z MIGA 2008 Annual Report Multilateral Investment Guarantee Agency accountability Advisory services affiliates arbitration Audit Committee availability of credit banking institutions banking system banner year Bond borrowing costs broker brokers budgeting business development business environment business opportunities capacity constraints capital flows carbon credit cash payment client countries contingent liability contract rights contractual relationships corruption creation of jobs credit growth credit history credit markets credits Currency debt debt relief developing countries developing country developing economies direct financing disclosure of information dispute resolution dividend durable economic development economic growth eligible investment emerging economies emerging markets employment energy resources entrepreneurship entry point environmental standards environmental sustainability equipment equity investment equity investments export Credit exposure exposures expropriation fee income Finance Corporation Financial Infrastructure financial institution financial institutions financial instruments financial management financial markets financial sector Financial sector development financial sectors financial services Financial Statements financial structure financial system food prices Foreign banks foreign capital foreign direct investment foreign direct investments Foreign Investment foreign investments foreign investor foreign investors free loans global climate Global Development Finance global economies global economy Global Financial Markets global markets globalization governance issues growth rate guarantee product guarantee products holder investor Holding Home Finance host countries host country information on investment information services infrastructure development infrastructure investments infrastructure project infrastructure projects Institutional Investor insurance insurance industry insurance market insurer insurers International Bank International Development International Finance investing Investment Bank investment climate investment income investment incomes investment opportunities investment policy investment projects investment risks Islamic Bank Islamic Banks Islamic finance Issuance job creation large cities late payments lease Agreement lenders liability liquidity liquidity crunch llC loan loan agreement loan contract local investors market demands market risk micro-enterprises microfinance microfinance institutions middle-income countries mortgage multilateral development municipal governments national investment natural resources new products now accounts operating income operational efficiency payment in advance payment obligation performance bond political risk political risk insurance political risks Portfolio Portfolio Diversification portfolio risk portfolio risk management power outages private capital private capital flows private capital inflows privatization privatizations public accountability public company rapid expansion regional integration regulatory frameworks reinsurance Reinsurance arrangements renewable energy reputation risk profile savings savings instruments settlement share of capital shareholder shareholders small businesses social development social services sovereign entities stable societies supervisory Board sustainable investments Technical Assistance technology transfer telecommunications telecommunications Infrastructure telephone network telephone services trading transition economies transparency transport treaty trust Fund turnover urban development volatility water supply World Investment Report During fiscal year 2008, the Bank Group committed $38.2 billion in loans, grants, equity investments and guarantees to its members and to private businesses in member countries, an increase of $3.9 billion (11.4 percent) from fiscal year 2007. The World Bank, comprising International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD), committed $24.7 billion in loans and grants to its member countries. IDA commitments to the world's poorest countries were $11.2 billion, five percent lower than the previous year. IBRD commitments in fiscal 2008 totaled $13.5 billion, five percent higher than the previous year. International Finance Corporation (IFC) committed $11.4 billion and mobilized an additional $4.8 billion for private sector investments in developing countries, more than 40 percent of which were in IDA eligible countries. Multilateral Investment Guarantee Agency (MIGA) issued close to $2.1 billion in guarantees in support of investments in the developing world, an increase of $730 million over 2007. Of the total, $689.6 million went to IDA-eligible countries. This year, MIGA's operating income was $55 million, compared with $49 million in FY07. The increase of $6 million was due to an increase in net premium income and investment income and a decrease in the agency's administrative expenses. FY08 net income increased by $3.4 million compared to FY07, primarily due to higher guarantee income and investment income and translation gains. 2012-10-16T18:41:36Z 2012-10-16T18:41:36Z 2008 978-0-8213-7741-3 http://hdl.handle.net/10986/11852 en MIGA Annual Report; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank |