MIGA

Miga is a term with several unrelated meanings, depending on context. In international finance, MIGA refers to the Multilateral Investment Guarantee Agency, a specialized agency of the World Bank Group. Established in 1988, MIGA provides political risk insurance and credit enhancement for investments in developing countries. Its products are designed to help investors mitigate risks such as expropriation, currency inconvertibility, breach of contract, and political instability, with the aim of mobilizing foreign direct investment and supporting development projects worldwide.

In culinary contexts, miga denotes a bread crumb in Iberian languages. The related dish migas is traditional in Spain and Portugal and is typically prepared from stale bread fried in olive oil, often with garlic and sometimes accompanied by meats such as chorizo or lamb, or with vegetables. The singular term miga refers to the crumb used as a base for the dish or ingredient in regional preparations.

Overall, miga most commonly appears as an acronym in international finance or as a term connected to bread crumbs in Iberian cuisine. The two uses are distinct and share no direct connection beyond the same spelling.