Gustavo Petro wins the Historic Pact for Lights and Shadows

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

(Positions of those who are candidates for the Historic Pact to Pensions and Inflation).

The former mayor of Bogota and former senator of Republic took the victory in the Historic Pact alliance and officially became a candidate of the Presidency for the Republic, a post he has aspired to in the past three years.

https://es.wikipedia.org/wiki/Gustavo_Petro The overwhelming majority in the consultation leads to him being the most representative persona of the Colombian left and a firm candidate to be president despite his controversial plans and opinions on various fronts, including the economic one.

gustavo petro Petro has announced that he plans to alter the pension system by establishing an official manager for pension funds. This will allow for an "mixed system" of private and public funds.

petro gustavo He also stated that Colombia is not a pension system but instead, a system of bank profit. This is what people believe makes Petro the most likely choice for the president. However, Petro recently said that he would not eliminate them however, he would like to reform the pension system to achieve a minimum pension for Colombians. https://www.dinero.com/empresas/confidencias-on-line/articulo/gustavo-petro-preocupa-a-wall-street/255306 He stated, however, that it was not necessary to raise the retirement age.

https://americasquarterly.org/fulltextarticle/quien-le-teme-a-gustavo-petro/ (Who makes up the Historic Pact candidate list).

Another topic of contention is his repeated promises to end oil extraction once the time comes for him to become President. This has created anxiety for investors as well as the overall market.

Experts believe that Petro's proposal to Colombia to stop exploration for oil could result in a loss of $4.3 billion.

I also propose to create an anti-oil front in the region, as well as the world. This would help shift the economy away from fossil fuels. To this I am inviting Gabriel Boric (the new Chilean president) and LuizInacio Lula da Silva (the Brazilian LuizInacio Lula da Silva) and others.

Petro has said that he spoke with the Premier Minister of Spain, Pedro Sanchez, about his plan.

His views on health are also controversial. He has demanded the removal of EPS and has replaced it with a model of preventive medicine that "guarantees the rights of individuals not the profit margins of bankers."

He also questioned the independence of Banco de la Republica, and declared that he would also change the institution should he becoming president.

Petro claimed that the Bank Board of Directors of the Bank belonged to the Democratic Center, a political party. "What we seek, however, is an independent Bank of the Republic (...) and it appears important to us that the board of Directors is represented by the community," the candidate said in the middle of the debate.

Invamer informs us that Petro is the top candidate in the voting plans for the presidential election.



His idea to issue money in order to finance government spending was controversial.

Petro's suggestions include an economy that is not dependent on fossil fuels and the extraction of hydrocarbons and mining. Agriculture plays a bigger importance.

He would also make an overhaul of the tax system that would eliminate exemptions and replaces the idea of minimum wage by real wages that are based on capital or income.