Governor Alfredo Cornejo was the keynote speaker at the annual dinner of the Mendoza Economic Federation (FEM), where he presented an economic agenda based on institutional predictability, fiscal order, and the promotion of private investment. Before business, industrial, commercial, and productive chambers, he emphasized that his administration's purpose is clear: to promote an environment that fosters innovation, employment, and economic growth.
Cornejo highlighted that Mendoza has experienced a decade of institutional stability, a fact he considered key for the province to embark on a new cycle of expansion. He recalled that, during his first term, he had to face a deteriorated State, with critical services and low investment capacity, which led him to prioritize fiscal balance as the foundation of any development strategy.
Tax reduction and record public investment
During his presentation, Cornejo reviewed some of the most relevant advances in provincial fiscal policy. He pointed out the gradual reduction of the tax burden, with the average Gross Income tax rate decreasing from 3.6% in 2016 to 3% in 2025, and specific cuts for agriculture, industry, transportation, and services. He also highlighted that the Stamp Tax is in a process of total elimination by 2030, a decision aimed at stimulating investment and productive activity.
Another central focus was public investment. Cornejo stressed that Mendoza allocated more than 10% of total spending to public works in the last three fiscal years, with a projection of 14.5% for 2026. "Public investment is strategic: it improves quality of life, drives essential infrastructure, and creates conditions for companies to grow," he stated.
Alignment with national reforms to boost competitiveness
The governor contextualized his analysis within the national situation and valued the progress made by the central Government in macroeconomic matters, especially in fiscal order and the recovery of competitiveness. He emphasized that this process requires deepening structural reforms, including tax simplification, labor updating, and the review of the revenue-sharing scheme so that provinces have incentives that strengthen the private sector.
