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WB agency offers $1b guarantee for food imports - Vimarsana News

WB agency offers $1b guarantee for food imports

The Multilateral Investment Guarantee Agency (Miga), a wing of the World Bank Group, has offered to guarantee $500 million to $1 billion in foreign loans to ease imports of essentials and improve food security in Bangladesh at a time of rising commodity prices and dollar crisis. Miga, the political risk insurance arm of the World Bank Group, has also expressed willingness to