The Multilateral Investment Guarantee Agency (MIGA), a private sector arm of the World Bank Group announced that it is collaborating with the European Union to provide a $23.3 million guarantee for an investment by Coca-Cola Beverages. It forms part of a European Union-MIGA partnership established in 1997 to promote foreign investment into Bosnia and Herzegovina. The five-year guarantee insures the investor against the risks of currency transfer restriction, expropriation, and war and civil disturbance. The project is supposed to rehabilitate and modernize industry and give a positive signal to other multinational companies.
As India has risen in the World Bank's Ease of Doing Business rankings, it has seen other key development indicators slip.
New IMF gender guidance opportunity for civil society to keep its staff to account.
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