Based on the regulation of the Infrastructure Fund, Decree-Law 13/2016 of 18 May 2016, the CAFI is the executive body with the authority over a decision-making process for matters, related to IF projects, that includes planning, budgeting, implementation and execution of the Fund. By law, CAFI consists of the government members responsible for planning and strategic investment; finance; public works, transport and communications. The structure of the VIII Constitutional Government was transformed in June 2020 in accordance with the second amendment of the Decree Law 14/2018, which was replaced by the Decree-Law No. 27/2020 on June 19, 2020.

Other Line Ministries participate in CAFI meetings if any projects from their program portfolio funding from IF. The following figure provides the information on roles and responsibilities of the relevant agencies involved in implementation of the IF projects, where CAFI takes a role as an executing agency for central coordination over the Fund’s operations.

The Council for Administration of the Infrastructure Fund (CAFI) according to the Article 9 of the Decree-Law No. 13/2016 of 18 May has the following competence, roles and responsibilities:

1. Ensure the implementation of policy and financing strategy for infrastructure project programs and adopt financing for their implementation;
2. Establish approval criteria for projects to be financed by the Fund as well as their respective cost estimates;
3. Approve the financing options for each project;
4. Coordinate the preparation of the annual budget proposal of the Fund and approve it for submission to the Council of Ministers in order to be included in the proposed State Budget to be submitted to the National Parliament;
5. Approve the plans and activity reports and management and annual accounts of the Fund;
6. Authorize payments to be processed through the Fund;
7. Ensure the monitoring and supervision of execution of the financing of projects supported by the Fund, approving the execution reports for project and contracts;
8. Approve the internal organization of the Fund; and
9. Carry out other acts necessary for the management of the Fund.

The CAFI may delegate to any of its members, the power provided for in (6) and (9) and to the MPS Director for (6), (7), and (9) of the above.

Figure 1-3 CAFI Workflow

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