In 2017 miga was considering another guarantee in myanmar, although this time focusing on electricity infrastructure. The wbgs objective in the extractive sector is to ensure that natural resources contribute positively to inclusive economic growth and sustainable development. Migas financial sector guarantees in a strategic context. World bank group multilateral investment guarantee. About debt data the principal sources of information for the tables in this volume are reports to the world bank through the world banks debtor reporting system drs from member countries that have received either international bank for reconstruction and development ibrd loans or international development association ida credits. For its part, migas investment insurance, dispute mediation services, and technical assistance generated strong results this fiscal year. The nonconcessional borrowing policy ncbp was adopted by idas executive directors in july 2006 and applies to pdf countries eligible for ida grants and to idaonly recipients of assistance under the multilateral debt relief initiative mdri. Migasecm20030045, which proposed a framework to support integrated decision making and planning for translation to ensure greater consistency, quality, efficiency, and accountability in the translation of world bank group documents. Consultations in cambodia world bank consultations. The ombudsman would also maintain appropriate contacts with ngos.
Miga was established and became operational on april 12, 1988 under the leadership of thenexecutive vice president yoshio terasawa, becoming the fifth member institution of the world bank group. The database makes no claim that country documents are in force or are being used by governments. Multilateral investment guarantee agency 2010 world bank. Where ppp projects involve funding from the world bank, then the world bank procurement guidelines and procedures will apply. The miga professionals program attracts new and diverse talent to the agency to work in entrylevel professional positions for a nonrenewable term of two years. The multilateral investment guarantee agency miga, a world bank group institution. It does not apply to the international centre for the settlement of investment disputes icsid. World bank document multilateral investment guarantee agency. Founded in 1944, the world back has 189 member nations and aims to. To complete and save this fillin pdf form, version 8 or later of adobe reader is. Office of the compliance advisorombudsman cao terms.
In 2014, miga supported the project by providing coverage to an equity investment by globeleq energy holdings cameroon b. Miga unaudited financial statements and draft managements discussion and analysis june 30, 2014 banka beograd a. The agencys first contract of guarantee was presented to its board of directors in december 1989 and came into force in january 1990. The multilateral investment guarantee agency miga is an international financial institution which offers political risk insurance and credit enhancement guarantees.
This volume is a product of the staff of the multilateral investment guarantee agency the world bank. Readiness assessment tool technical assistance and funding the world banks open government data working group developed an open data readiness assessment odra methodological tool that can be used to conduct an actionoriented assessment of the readiness of a government or individual agency to evaluate, design and implement an open data. The world bank group works in every major area of development. I understand that ifc or world bank will be paid a commission by miga. The world bank is an international organization that offers developmental assistance to middleincome and lowincome countries. Multilateral investment guarantee agency miga 2017 annual report. The international bank for reconstruction and development. The world bank procurement regulation for ipf borrowers the annex xiv of the world banks procurement regulations for ipf borrowers outlines the requirements to be met by borrowers in selecting the private partner in publicprivate partnership ppp arrangements financed by the bank. Ria is a tool used to prepare, consult and assess impacts of proposed regulation. Multilateral investment guarantee agency the united states. Multilateral investment guarantee agency wikipedia.
Ibrdidaifcmiga guidance systematic country diagnostic bank access to information policy designation public catalogue number ops5. This volume is a product of the staff of the multilateral investment guarantee agencythe world bank. Results and performance of the world bank group oecd. The multilateral investment guarantee agency miga of the world bank group was established in 1988 to promote the flow of private foreign investment to developing member countries. This modernized approach means greater focus on value for money, more ways bidders to differentiate bids, and more opportunities for dialogue and discussion. The open budgets portal is the first effort to create a one stop shop to budget data worldwide with the hope of bringing visibility to countries efforts in this field, facilitate access and promote use of spending data, and motivate other countries into action. Window psw and the miga guarantee facility to derisk eligible projects.
How effective has the safeguards policy framework of the world bank group been in preventing and mitigating adverse environmental and social impacts. The world bank group wbg submits the following input on the steps our institution is taking to support the implementation of the sdgs, to be considered for the 2017 high level political forum hlpf and the implementation of the 2030 agenda for sustainable development. Doing business 2020, a world bank group flagship publication, is the 17th in a series of annual studies measuring the regulations that enhance business activity and those that constrain it. This section also includes useful template bidding documents. Standardized agreements, bidding documents and guidance manuals there has been a long tradition of the use of standardized agreements for the procurement of goods and services for traditional public works projects and many international financial institutions including the world bank require the use of standard bidding documents for the. Yezena yimer supported all aspects of document delivery. Ai policy exceptions under the ai policy, any information in the world banks possession that is not on the list of 10 exceptions is available to the public. Jul 06, 2019 the world bank is an international organization that offers developmental assistance to middleincome and lowincome countries. The world bank groups country partnership framework cpf aims to make our countrydriven model more systematic, evidencebased, selective, and focused on the banks twin goals of ending extreme poverty and increasing shared prosperity in a sustainable manner. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. The world bank background policy on public documents.
The w process is a dynamic arrangement to set institutional priorities in response to global and country level client demand, and align available resources accordingly. Migas convention came into effect on april 12, 1988. Myanmar is considered a lowermiddle income state, and although there are areas in the. World bank group five institutions icsid organizational structure two components, two separate functions icsid ibrd ida ifc miga the international centre for settlement of investment disputes facilitates foreign investment by providing a multilaterallyagreed system for dispute settlement.
Definitions more detailed data, including data by productservice and categories of productsservices, can be viewed and exported from the detailed tables, charts and technical notes section. Document of the world bank for official use only report no. World development report 2020 trading for development in the age of global value chains. Alerts are delivered to your inbox daily and can be customized by country and type of content. Office of the compliance advisorombudsman cao terms of reference. Most of the international finance institutions ifi have similar guidelines for procurement for projects to which they are providing funding. The world bank background policy on public documents search. The multilateral investment guarantee agency miga is a member of the world bank group. Multilateral investment guarantee agency miga world bank. Miga guarantees protect investments against noncommercial risks and can help investors obtain access to funding sources with improved financial terms and conditions.
The database has been developed by the world bank groups governance practice, within the framework of the dfid and usaid funded good regulatory practices pdf program. Doing business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economiesfrom afghanistan to. Psw is based on the recognition that the private sector is central. Miga continues to capitalize on collaboration with the world bank and ifc in indonesia to deliver more private sectordriven solutions aimed. The cpf replaces the country assistance strategy cas. Procurement processes and bidding documents world bank. Framework for republic of the union of myamar for the period fy15fy17 pdf.
The technical notes provide a detailed description of the goods and services included in each sector. World bank group coordinating committee that, among others, advises on the extent of involvement of the bank, ifc and miga in the preparation and processing of various elements of upcoming country engagements scds, cpfs, cens and. The world bank has a new, modern and businessfriendly procurement framework. World bank group strategy for fragility, conflict and violence. From june 29 through july, 2015, the world bank group wbg carried out consultations with a wide range of stakeholders to exchange views and perceptions on cambodias development opportunities and pressing challenges, and ways to address them in the next two to three years, to help implement government development strategy. Jobs and economic transformation jet drivers, policy implications and world bank group support. These guarantees help investors protect foreign direct investments against political and noncommercial risks in developing countries. Aug 16, 2019 the world bank group country opinion survey program cos public opinion research group created on august 16, 2019 last modified august 16, 2019 page views 5308 download 447 documentation in pdf metadata ddixml json. The world bank group country opinion survey program cos public opinion research group created on august 16, 2019 last modified august 16, 2019 page views 5308 download 447 documentation in pdf metadata ddixml json. Harmonization, coordination and sharing of skills with the world bank. Foreign multilateral investment guarantee agency world. It provides an apex view of the results and performance indicators of the three world bank group institutionsthe world bank wb, the international finance corporation ifc, and the multilateral investment guarantee agency miga. The findings, interpretations, and conclusions expressed in this paper do not necessarily reflect the views of the.
World bank group multilateral investment guarantee agency. Standardized agreements, bidding documents and guidance. Official pdf, 268 pages world bank documents world bank group. The findings, interpretations, and conclusions expressed in this paper do not necessarily reflect the views of the executive directors of the world bank or the governments they represent. Miga is a member of the world bank group and is headquartered in. Doing business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies. Migas determination to offer a guarantee to an eligible investorlender in respect of the project will be based, among other factors, on migas satisfactory completion of its underwriting process, which includes a comprehensive due diligence of the project i. In september 1985, the board of governors of the world bank endorsed the convention establishing the multilateral investment guarantee agency.
Political risk insurance guarantees for investors and lenders research and knowledge on political risk and the political risk insurance industry world investment and political risk report, migas mandate. More detailed data, including data by productservice and categories of productsservices, can be viewed and exported from the detailed tables, charts and technical notes section. Performance ratings across the world bank, ifc, and miga. Ibrdidaifcmiga guidance country engagement bank access to information policy designation public catalogue number ops5. Translation framework for the world bank group secm20030284. Subscribe to email alerts to stay informed of the latest world bank news, project documents, research, and more. This series showcases how the world bank group supports the development and implementation of publicprivate partnerships. Terms of use for the wbg finances website world bank group. Debt relief under the highlyindebted poor country hipc initiative and the mdri has increased beneficiary countries borrowing space.
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