The Multilateral Investment Guarantee Agency performs which of the following functions?
A) Provides long-term low-interest social sector and infrastructure loans to the poorest members utilizing foreign aid funds provided by rich nation members
B) Provide loans and take equity position in private companies of developing countries and works toward developing capital markets in those economies
C) Supports reconstruction and restructuring of member countries utilizing funds raised in international capital markets
D) Provides political risk coverage for private investments made in developing countries
E) Works on issues related to foreign investment disputes

Question

Quizplus · Accepted Answer

The Multilateral Investment Guarantee Agency (MIGA) is part of the World Bank Group, and its primary function is to provide political risk insurance (guarantees) to investors and lenders to encourage foreign direct investment in developing countries.

The Multilateral Investment Guarantee Agency Performs Which of the Following