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Description of the programme / policy
Multilateral Investment Guarantee Agency (MIGA) provides political risk insurance in the Western Balkans, covering close to US$1 billion in investments that are concentrated mostly in the financial sector.
Main objective of the programme/policy
The product enables international banks to optimize their capital position, and supports stronger lending activity in host countries.
Specific objective of the programme/policy
MIGA provides political risk insurance to each underlying investment using its regular underwriting process.