MIGA’s Access to Information Policy, most recently updated in December 2013, aims to enhance transparency and promote good governance, with a view to increasing our development effectiveness and strengthening public trust in the Agency. The policy defines MIGA’s obligations to disclose information about itself and its activities. In accordance with the policy, we disclose:
Summaries of proposed guarantees (SPGs) are disclosed through MIGA’s website prior to consideration by MIGA’s Board of Directors (or other relevant internal authority). The lead time for this disclosure is as follows:
Category A projects are disclosed not less than 60 days prior to Board consideration
All other projects are disclosed not less than 30 days prior to Board consideration
The SPG includes a brief description of the prospective project, its location, purpose, and anticipated development impact, as well as information about the investors and lenders seeking guarantee coverage and the project enterprise. SPGs are disclosed up until the time of contract signing at which point a Project Brief is disclosed. MIGA will cease disclosure of information on a prospective project if it is determined prior to issuing a guarantee that the Agency will not be involved.
Project Briefs are disclosed through MIGA’s website upon contract signing. The information in the SPG is updated to reflect the general terms of the project at the time of contract signature.
Environmental and Social Review Summaries are provided for projects assigned an Environmental Assessment Category of A or B and are disclosed together with the SPG. Environmental and Social Impact Assessments, and/or other relevant related documentation provided by the prospective client, are attached to these summaries.
Following contract signing, the Project brief and the project’s environmental and social documents remain disclosed in the project database on MIGA’s website. If all of the contracts of guarantee related to a specific project are expired or cancelled, the project status will be noted as "inactive."
As per the Access to Information Policy, MIGA does not disclose business-confidential information related to clients, internal communications with its Board and management, or personal information about staff.
Quarterly Financial Statements
Financial Statements FY17
Financial Statements FY18
Access to Information Requests
For general information about MIGA and for information on guarantees, please contact firstname.lastname@example.org.
MIGA strives to respond to disclosure information requests within 30 calendar days. Applicants who are dissatisfied with the level or nature of MIGA’s response have recourse to a Disclosure Policy Advisor. To register a complaint regarding a disclosure request, please contact Vamsee K. Kanchi at email@example.com.