Overview
- Máximo Kirchner said on Wednesday that a returning Peronist government would audit each approval under the Régimen de Incentivo para Grandes Inversiones (RIGI) to check for irregularities and resale of advantaged projects.
- Kirchner described the RIGI as ‘‘almost a statute of colony’’ and highlighted tax examples such as a mining firm’s corporate tax falling from 35% to 25% under the regime to illustrate the scale of the fiscal breaks.
- He pledged that audits would respect legally granted 'derechos adquiridos,' so projects that fully comply with the law would keep their benefits while questionable cases would be reexamined.
- The remarks mix policy and politics: Kirchner named Cristina Fernández de Kirchner as his preferred 2027 candidate and used the critique to pressure the Milei administration’s investor-friendly agenda.
- He linked the RIGI review to wider economic risks by warning that generous incentives have not stopped a fall in foreign direct investment and could further affect investor confidence and market perceptions ahead of the 2027 campaign.