Gustavo Petro's Lights and Shadows, the winner of The Historic Pact

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25 April 2022

Views: 83 confirmed on Sunday the favorable vote that polls had been marking for several weeks.

( FRANCISCO PETRO URREGO.pdf within the Historic Pact for Pensions & Inflation)

The former Bogota mayor Bogota and former senator of the Republic has been able to gain the victory of the Historic Pact coalition and officially becomes a candidate for the presidency of the Republic which is a post to which he aspires three times.

His high vote during the consultation makes him the most representative of the Colombian Left, and a reliable candidate for the presidency, despite his controversial ideas and proposals on multiple fronts like the one on economics.

Petro has stated that he plans to change pensions through the creation of a public manager for pension funds. intends to establish an arrangement which can be "mixed-and-complementary" and private fund. said that Colombia does not have a pension system, but instead, a system of bank profit. This is the reason that people believe makes Petro the most likely candidate to win the President. Petro recently said that while he would not eliminate them however, he will seek to make changes in pensions to guarantee the minimum retirement age for Colombians. gustavo petro said that it is not required to raise the age at which pensioners can retire.

(Who make up the Historic Pact's list of potential candidates).

Another controversy concerning him is the fact the fact that he has repeatedly stated that he will stop the extraction of oil once he comes into his office. This has led to anxiety among investors as well and the market.

Experts anticipate that Petro's idea of ending oil exploration would bring Colombia the equivalent of $4.3 billion in losses.

Added to this proposal is the creation of an anti-oil front in the region and around the world that will move the economy away from fossil fuels to which I would like to invite the new president of Chile, Gabriel Boric, and the Brazilian Luiz Inacio Lula da Silva, among others. stated that he has talked to Pedro Sanchez, the Prime Minster of Spain regarding his plan.

gustavo petro on health are as well controversial. He has called for the ending of EPS and replaced it with the concept of preventive medicine that "guarantees the rights of people, not the profits margins of bankers."

He also has questioned the independence of the Banco de la Republica and said he'd propose a reform in the event of becoming the President.

Petro said that the Bank Board of Directors belonged to the Democratic Center and "What we need is an independent Bank of the Republic (...) it seems crucial that the board of directors has the presence of the society," the candidate stated during the debate.

(Petro is the leader in voting intentions for the presidential elections (according to Invamer).

The idea of releasing money for government spending was also controversial.

Petro's plans include a new economy that doesn't rely on fossil fuels. includes the extraction of hydrocarbons. But, Petro places more emphasis on agriculture.

It is also mentioned that he would introduce a tax reform that would remove exemptions and change minimum wage concepts into actual wages based on income and capital.