F.  Provider versus procurer model

The core function of IIFC is to provide advisory services to client ministry or its agencies. IIFC intends to act as the provider of services to them, rather than act as the procurer of consultant services. This approach is consistent with its mandate under its Memorandum of Association approved by the Government. The provider of services model is more proactive and has a commercial focus, which makes it sustainable. Following this approach implies that IIFC needs to have a keen interest in developing its own business in a proactive manner. This model also implies that it should use consultants, where needed, to perform specialist functions. IIFC also seeks to develop its own in-house skills and capacity in order to deliver services to its clients and use resources more effectively.