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Máximo Kirchner Says Peronists Would Audit Each RIGI Project If They Win

The pledge to review every investment approved under the RIGI raises legal and financial uncertainty for large energy and mining projects.

Overview

  • Máximo Kirchner said on Wednesday that a Unión por la Patria victory in 2027 would trigger project-by-project audits of investments approved under the Régimen de Incentivo para Grandes Inversiones (RIGI).
  • He described the RIGI as granting excessive fiscal and customs advantages and gave the example that a mining firm’s income tax rate could fall from 35% to 25% under the regime.
  • Kirchner said investments that meet legal conditions would be maintained as 'derechos adquiridos' but must be checked to stop cases where companies get benefits and then sell projects.
  • He used the interview to publicly back Cristina Fernández de Kirchner as his preferred 2027 candidate while sharply criticizing past presidents, linking his policy stance to campaign positioning.
  • Analysts and opinion pages warn the announcement could heighten investor worry because the RIGI was created to attract foreign capital, many approvals exceed near-term disbursements, and legal reviews could prompt arbitration or diplomatic disputes.