World Bank Group Guarantee Platform
On 1st July, 2024, the World Bank Group (WBG) guarantee platform was opened for business.
Aim
- It aims to boost WBG annual guarantee issuance to $20 billion by 2030.
Need
- Currently the World Bank, International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA) offer some 20 guarantee solutions.
- They all follow different processes and World Bank Group clients have to talk to each institution separately.
- This slows things down, impacting efficiency
Key Features of the New Platform
MIGA
- The platform, housed at the Multilateral Investment Guarantee Agency (MIGA), brings together products and experts from the World Bank, ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Samarth Incubation Program
- 2 Centre Notifies Revised Criteria for Classifying MSMEs
- 3 PAC Flags Issues Faced by MSMEs under GST
- 4 Electronics Component Manufacturing Scheme
- 5 Energy Statistics India 2025
- 6 10 Years of Sagarmala Programme: Powering India’s Maritime Revolution
- 7 Changing Dynamics of India’s Remittances
- 8 Components of Gold Monetisation Scheme Discontinued
- 9 ICRA Report on Indian Municipal Bond Market
- 10 Pashu Aushadhi Initiative
- 1 Digital System for Fertiliser Subsidy Targeting
- 2 ‘Agri SURE’ Fund: Promoting Innovation in Agriculture
- 3 Promotion of Natural Farming
- 4 Removal of Indexation Benefit
- 5 RBI Allows Foreign Currency Accounts in IFSC
- 6 PCA Framework for Urban Cooperative Banks
- 7 SEBI’s Uniform Charge Structure for Stockbrokers
- 8 RBI’s Report on Currency and Finance
- 9 Critical Mineral Asset
- 10 India’s First Green Steel Initiative
