Lights and Shadows by Gustavo Petro, winner of the Historic Pact

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29 April 2022

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Gustavo Petro was confirmed as the candidate on Sunday. has been going through the polls for several weeks with favoritism.

(Position of Candidates to the Historic Pact On Pensions and Inflation). as well as a former senator of Republic was the winner of the Historic Pact alliance and officially became a candidate of the Presidency for the Republic which that he's aspired to in the past three years.

The huge turnout in the consultation made him the most representative representative of the Colombian left. He is also a solid contender for president, despite his controversial suggestions and ideas on many fronts.

Petro declared his intention to reform the pension system through the creation of a public administrator of the pension fund. is expected to be "mixed" and will complement the private fund.

According Petro, there's no system of pensions in Colombia. However banks make profits. Many have said that he will end any possibility of being elected president. However, Petro recently said that he would not eliminate them but would seek pension reform to ensure a minimum pension for Colombians. He also stated that there is no reason to increase the retirement age.

(Who are on the list of Historic Pact's potential candidates).

Another issue that has been a source of controversy is that he's repeatedly said that he would stop extraction of oil as soon as he assumes office. This has created anxiety among investors and the market generally. say Petro's idea of putting an end to oil exploration could cause a massive impact on Colombia, costing Colombia $4.3 trillion.

Furthermore, this plan would establish an anti-oil front throughout the world and in the region that would shift the economy away from fossil fuels. For that 'd suggest inviting Gabriel Boric the Chilean president and LuizInacio Lula Silva the Brazilian president.

Petro claimed that he had recently spoken with the Prime Minister of Spain, Pedro Sanchez, regarding his idea.

His attitude on health issues has been controversial as well, as he has insisted on the end of EPS and replacing it with a proactive health model that "guarantees the rights of people instead of the profits of bankers".

He also has questioned the legitimacy of the Banco de la Republica and declared that he will implement a change in the event of becoming the President.

Petro claims that the Bank's Board of Directors is part of a political party called the Democratic Center. Therefore, Petro claims, "What we want" is a true independent Bank of the Republic (...). The candidate made this in the middle of an debate.

Invamer says Petro leads the presidential election voting intention. was controversial that he suggested issuing money to finance spending by the government.

Petro's proposals include an economy that is not dependent on hydrocarbon extraction and mining, as well as a stronger contribution from agriculture.

It is also highlighted that he would make an amendment to the tax code that removes exemptions and the transformation of the idea of minimum wage by a real wage that is based on income and capital.