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

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02 June 2022

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Gustavo Petro was confirmed as the candidate on Sunday. gustavo petro He has been marking the polls for several weeks and has been favored.

(Position of Candidates to the Historic Pact On Pensions and Inflation).

The victory in the Historic Pact coalition was won by the former mayor of Bogota as well as the former senator of Republic. He was officially a candidate for Presidency of the Republic and is an ambition he hopes to achieve for the third consecutive time.

The large majority of votes during the consultation makes to him being the most representative persona of the Colombian left, and is a solid candidate for president, despite his controversial proposals and ideas on several areas, including the one on economics.

Petro has expressed his intention to change the pension system by the creation of a public administrator of pension funds to have an "mixed and complementary system" together with private funds.

He also stated that Colombia is not a pension system, but rather a system of bank profits. This is the reason that many believe would make Petro the most likely choice for the president. Petro has recently said that he will not eliminate pensions, but would try to overhaul the system of pensions in Colombia to ensure a minimum level of pensions for Colombians. Petro also claimed that there is no need to raise the retirement age.

(Who are on the list of potential candidates to be part of the Historic Pact).

Another topic of contention is his repeated pledges to stop oil extraction when he becomes President. This has caused uncertainty for investors as well as the overall market.

Experts estimate that Petro's plan to end oil exploration would cost Colombia about $4.3 billion.

This plan includes the establishment of an anti-oil front both in the region and around the world that moves the economy away from fossil fuels. I would invite Gabriel Boric to Chile and LuizInacio Lula de Silva to join me.

Petro claimed that Petro was in conversation with Pedro Sanchez (the Prime Minister of Spain) about his plan.

His position on health issues is also controversial. He is insistent on ending EPS, and replacing it with an preventive model of healthcare that "guarantees the rights of individuals and not bankers' profits." He also raised questions about the independence and legitimacy of the Banco de la Republica.

Petro said that the Bank Board of Directors of the Bank belonged to the Democratic Center, a political party. "What we would like, however, is a completely independent Bank of the Republic (...) and it appears to us essential that the board of Directors has the presence of the entire community," the candidate said during the debate.

(Petro has the highest percentage of votes in the presidential election According to Invamer).

gustavo petro The idea was controversial because he proposed issuing cash to fund government spending.

One of the main elements of Petro's plans is an economy that doesn't depend on fossil fuels, mining or extraction of hydrocarbons. gustavo petro They also emphasize more importance in agriculture.

It is also stated that he is planning to implement a tax reform that eliminates exemptions and the transformation of the concept of minimum wage by a real wage that is based on capital and income.