Milei Promises $50 Billion Investment Incentives Amid Argentina's Economic Challenges

Reported 2 days ago

President Javier Milei is promoting a new investment program in Argentina aimed at attracting $50 billion from companies by offering tax, currency, and customs benefits for a span of 30 years. The initiative, known as RIGI, seeks to stabilize the investment climate, which has been undermined by frequent political changes and existing currency controls. While there is keen interest from energy and mining sectors, experts caution that the actual realized investments may differ from promised figures due to prevailing macroeconomic uncertainties.

Source: YAHOO

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