Gustavo Petro, Winner of the Historic Pact: Lights and Shadows

https://www.pulzo.com/noticias/gustavo-petro confirmed on Sunday the favoritism the polls have been indicating for a few weeks.

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

The victory of the Historic Pact coalition was won by the former mayor of Bogota and also the former senator of the Republic. He has officially become the candidate for President of Republic, which is a position he longs to be able to hold for the third time.

https://www.elheraldo.co/gustavo-petro of votes during the consultation makes to him being the most representative figure of the Colombian left and a firm candidate to be president despite his controversial plans and ideas on several areas, including the one on economics.

Petro has announced his desire to make a readjustment to the pension system by the establishment of a public manager of pension funds to have the benefit of a "mixed and complimentary system" together with private fund.

gustavo petro said that Colombia doesn't have a retirement system, instead it's an institution that generates bank profits. Many believe this will prevent his from being President. Petro said recently that he would not eliminate them, but would pursue reforms to pensions so that Colombians receive a minimum retirement. He has also said there's "no necessity" to raise the age of retirement.

(Who are on the list of possible candidates).

Another controversial issue is that he has repeatedly said that he'll stop oil extraction by the time the time he assumes office. This has been an issue that has led to anxiety among investors.


Experts estimate that Petro's plan to stop oil exploration in Colombia could result in a bill around $4.3 billion.

This plan includes the establishment of an anti-oil force 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.

gustavo petro claimed that he's had a conversation with Pedro Sanchez, the Prime Minster of Spain about his proposal.

His position on health issues has been controversial as well because he insists on the end of EPS and replacing it with a preventive health model that "guarantees the rights of the people and not the profits of bankers".

There were also https://www.portafolio.co/elecciones-2022/gustavo-petro-ganador-del-pacto-historico-562857 raised about the legitimacy and independence of the Banco de la Republica.

Petro claimed that the Bank Board of Directors of the Bank was a part of the Democratic Center, a political party. "What we want is a truly independent Bank of the Republic (...) and it appears to us key to ensure that the Board is represented by the community," the candidate said during the debate.

(Petro leads voting intention in the presidential election According to Invamer).

The idea was controversial because he proposed issuing money to finance spending by the government.

Petro's proposals include an economy that isn't dependent, mining and extraction of hydrocarbons, and a greater role for agriculture.

He also stated that he will implement tax reforms to end exemptions and change the idea of a minimum wage into a wage that is built on capital and income.

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