All projects undertaken by AIF must help to promote the general prosperity of the country’s population as a whole and, hence, serve the public interest, with particular focus on reducing the considerable disparities between rich and poor. This translates into a need to ensure the compatibility of interests across return-generating and not-for-profit undertakings.
Along these lines, AIF may choose to provide advice to government administration for the usual market fee with the aim of promoting good corporate governance, enhancing equality of opportunities and raising trust in the local financial marketplace.
Two excellent examples are the Anti-Money Laundering Law or New Monetary Policy projects, both conducted by AIF in return for market-standard advisory fees that were subsequently used to finance educational literacy and training projects. In general, all projects are expected to serve the broad-based improvement of conditions within a country.
Infrastructure projects which, though highly beneficial for a country’s economy, may also serve the particular interests of selected groups are more difficult with respect to interest compatibility. This type of project should normally be financed by groups of private investors and by banks.