
The World Bank agency is expected to provide loan guarantees worth up to $1 billion to Dhaka
Summary: The Multilateral Investment Guarantee Agency (MIGA) is considering providing guarantees for short-term trade finance facilities to Bangladesh for essential imports. The guarantee amount could range from $500 million to $1 billion. This move comes after the government was not interested in MIGA's previous offer of a $1 billion guarantee at a 6% interest rate six months ago. Content: International commercial lenders... Read More