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

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

On Sunday, Gustavo Petro , the candidate for Gustavo Petro , confirmed the favorable polls that have been indicating for many weeks.

(Positions in the Historic Pact for Pensions & Inflation)

The former mayor of Bogota and former senator of the Republic managed to win the victory in the Historic Pact coalition and officially is now a candidate for the presidency of the Republic which is a post to which he is aspiring three times.

The large majority of votes in the consultation leads to him being the most representative persona of the Colombian left, and a strong candidate for president despite his controversial ideas and ideas on several fronts, not least the one on economics.

Petro declared his intention to alter the pension system through the creation of a public manager for pension funds. He also intends to develop an arrangement that can be "mixed-and-complementary" with private funds.

As per the candidate, according to the candidate, in Colombia there is not a pension system. Instead is built on the bank's profits. Many claim Petro will eliminate any chance of his assuming the President. Petro said recently that he would not eliminate the system, but he will pursue reforms in pensions to ensure that Colombians have a minimum pension. stated that it is not necessary to increase the age at which pensioners can retire.

(Who constitutes the Historic Pact candidate list).

Another issue that has caused controversy is that he has repeatedly said that he would end extraction of oil the moment he takes office as president, which has caused a lot of uncertainty among investors and the market in general. believe that Petro's request for Colombia to stop exploration for oil will result in an estimated loss of $4.3 billion.

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

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

His position on health is also controversial. He has demanded the end of EPS and replaced it with a model of preventive medicine that "guarantees human rights and not the bankers' profit margins."

He has also questioned the legitimacy of Banco de la Republica.

Petro stated that the Bank Board of Directors belongs to the Democratic Center. Accordingly, the candidate at the center of a debate said "What do we need? An independent Bank of the Republic (...) It's to me crucial that the board of directors has the presence of the Society."

According to , Petro leads the vote in the presidential election.

The idea of issuing funds to finance government expenditure was also controversial.

Petro's plans include an entirely new economic system that doesn't rely on fossil fuels. It also proposes hydrocarbon extraction. However, Petro places more emphasis on agriculture.

There is also a mention that he could bring about a tax change that would remove exemptions and change the concept of minimum wage into real wages based on capital and income.

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