Lights and Shadows by Gustavo Petro Winner of the Historic Pact

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19 May 2022

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Gustavo Petro the candidate confirmed on Sunday the favoritism that was spotted by polls for a week.

(Positions of those who are candidates (Positions of candidates Historic Pact to Pensions and Inflation).

Former senator of the Republic and former mayor of Bogota has won the victory through the Historic Pact coalition. Officially the former mayor is now a candidate to the Presidency and is hoping to get three times.

He is the most authentic figure in Colombian left and is a strong potential presidential candidate, despite his controversial ideas and plans on a variety of aspects, including economic.

Petro declared his intention to overhaul the pension system with the establishment of a public administrator of the pension fund. The pension system will be "mixed" and complement the private fund.

According Petro, there's no pension system in Colombia. However, there are bank profits. have said that Petro will eliminate any possibility of becoming president. Petro recently said that while he would not eliminate them however, he will seek to make changes in pensions to ensure the minimum retirement age for Colombians. Petro said, however, that it wasn't necessary to increase the age of retirement.

(Who make up the list of contenders for the Historic Pact).

Another controversial issue is his repeated promises to stop the extraction of oil when the time comes for him to become President. This has created anxiety for investors as well as the market overall. believe that Petro's plan of ending oil exploration would bring Colombia an estimated $4.3 billion in loss.

This proposal also calls for the formation of an anti-oil front both in the region and the world that moves the economy away fro fossil fuels. would invite Gabriel Boric to Chile and LuizInacio Lula de Silva to join me.

Petro said he was speaking with Pedro Sanchez (the Prime Minister of Spain) about his proposal.

His position on health concerns has also been controversial. He is insistent on ending EPS and replacing it with a preventive model which "guarantees both the rights of people and the profit of banksters".

He also raised questions regarding the legitimacy and independence of the Banco de la Republica. asserts that the Bank's Board of Directors is part of a political party called the Democratic Center. Therefore, Petro declares, "What we want" is an independent Bank of the Republic (...). made this in the middle of an debate.

gustavo petro asserts that Petro leads the presidential election decision to vote.

The idea of issuing funds to finance government expenditure was not without controversy.

Among the pillars of Petro's plans is an economy that doesn't depend on fossil fuels, mining, or extraction of hydrocarbons, and greater importance for agriculture.

It is also mentioned that he would propose a tax reform that would eliminate exemptions as well as transform the idea and definition of minimum wage to an actual income-based wage.

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