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Peru’s Congress Backs One-Year Reinfo Extension in First Vote, Setting 2026 Deadline

A second vote will decide whether the measure becomes law under the Executive’s push for tighter conditions.

Overview

  • Lawmakers approved, in a first vote, extending the mining formalization registry to December 31, 2026, with 60 votes in favor, 36 against and 8 abstentions.
  • The plenary must hold a second vote within seven days, and the Executive has signaled it may observe the bill if it weakens controls or restores excluded registrants.
  • Prime Minister Ernesto Álvarez and Energy Minister Luis Bravo presented the government’s position for a shorter extension plus safeguards such as IGAFOM approval, valid RUC, payroll registration and continued exclusion procedures.
  • Key provisions that drew controversy, including suspending exclusion processes and allowing the return of roughly 50,000 previously removed entries, were carved out for separate votes during the debate.
  • Congressional leaders split over scope and terms: Fernando Rospigliosi supported a one‑year extension and rejected reincorporations, while left‑wing blocs largely favored a longer prolongation, as industry groups warned the registry can serve illegal mining.