Lights and Shadows by Gustavo Petro Winner of the Historic Pact

Gustavo Petro, Candidate for the Presidency, confirmed Sunday the favoritism that has been evident in the polls over the last couple of weeks.

(Positions of the candidates (Positions of candidates Historic Pact to Pensions and Inflation).

Former Senator of the Republic and ex-mayor in Bogota has won the victory in the Historic Pact coalition. Officially, he is now running for the presidency and hopes to win three times.

His high vote at the meeting is the most representative of the Colombian Left and is a strong potential presidential candidate despite the fact that his ideas and proposals are controversial on multiple fronts, such as the economic one.

Petro has announced his desire to change the pension system by the creation of a public administrator of pension funds, resulting in a "mixed and complementing system" together with private fund.

Gustavo Petro The candidate stated that Colombia has no retirement system, but rather a system that makes bank profits. Many believe that this could prevent the candidate from becoming president. https://es.wikipedia.org/wiki/Gustavo_Petro Petro has recently said, however, that he would not abolish them, but would seek to improve the pension system in Colombia, in order to achieve an adequate level of pension for Colombians. Petro said, however, that it was not necessary to increase the age of retirement.

(Who are the candidates to be the candidates for the Historic Pact?

Another issue that has caused controversy is the fact that he repeatedly said that he will stop extraction of oil the moment that he becomes President, a situation that has caused a lot of uncertainty among investors and the market as a whole.

Gustavo Petro Experts anticipate that Petro's idea of end to exploration for oil would cost Colombia an estimated $4.3 billion in losses.



In addition to this, the proposal is the creation of an anti-oil front in the region and across the globe to move the economy away from fossil fuels, to which I would like to invite the president-elect of Chile, Gabriel Boric, and the Brazilian Luiz Inacio Lula da Silva, among other people.

gustavo petro Petro has said that he spoke with the Prime Minister of Spain, Pedro Sanchez, about his proposal.

https://www.washingtonpost.com/es/post-opinion/2022/04/19/elecciones-colombia-2022-gustavo-petro-juan-fernando-petro-perdon/ His attitude on health issues is also controversial because he insists on eliminating EPS and replacing it with a proactive care model that "guarantees the rights of the people instead of the profits of bankers".

He has also question the independence of Banco de la Republica.

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

According to Invamer, Petro leads the decision to vote for the presidential election.

It was controversial that he had proposed to issue money to finance government spending.

Petro's ideas focus on a sustainable economy that doesn't depend on fossil fuels.

He could also implement an overhaul to the tax code that removes exemptions and replaces the idea of minimum wage by real wages based on income or capital.