MIGA's Support to the Middle East and North Africa
Today’s uncertain world has marked effects on prospects for growth for the Middle East and North Africa (MENA). Political changes in the region have captured the world’s attention and reminded investors of the inherent risks of investing abroad.
Yet, the need for investments into MENA that create jobs and opportunity is greater than ever. This is an important moment for organizations like the Multilateral Investment Guarantee Agency (MIGA) to step up and fill in gaps that the private sector cannot address. Indeed, MIGA’s political risk insurance can be an important risk-mitigation instrument to investors and lenders who may be nervous about maintaining existing investments or have plans to invest in the region that they would rather not put on hold. MIGA can also help banks by optimizing country limits management and reducing capital allocations for country risk.