Lights and Shadows by Gustavo Petro winner of the Historic Pact

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Gustavo Petro the candidate confirmed on Sunday that he was the beneficiary who had been marked in polls for the past week.

(Positions in the Historic Pact for Pensions & Inflation)

The former Bogota mayor Bogota and former senator of Republic was the winner of the Historic Pact alliance and officially became a candidate of the presidency of the Republic, a post he has aspired to in the past three years.

The overwhelming majority in the consultation leads him to be the most representative persona of the Colombian left, and a strong candidate for president, despite his controversial proposals and views on a variety of fronts, not least the economic one.

Petro declared his intention to reform the pension system by the establishment of a public manager of the pension fund. http://www.secretariasenado.gov.co/senadores/53-senadores-2018-2022/1512-gustavo-francisco-petro-urrego The system will be "mixed" and complement the private funds.

The candidate claimed that Colombia has no retirement system, but rather the system is designed to make bank profits. petro gustavo Many believe this would stop him from becoming President. Petro recently said that while he wouldn't eliminate them however, he will seek to make changes in pensions to guarantee the minimum retirement age for Colombians. Petro said that there is "no is the need" to increase the pension age.

(Who are on the list of possible candidates).



Another issue that has been a source of controversy is his repeated promises to end oil extraction once his presidency begins. https://diariodelcauca.com.co/politica/es-gustavo-petro-una-amenaza-para-la-economia-de-colombia This has led to anxiety for investors as well as the general market.

Experts estimate that Petro’s proposal to end oil exploration would cause a massive impact on Colombia and cost Colombia $4.3 trillion.

https://www.pulzo.com/noticias/gustavo-petro Furthermore, this plan would establish an anti-oil front throughout the world and in the region which shifts the focus of our economy away from fossil fuels. For that, I would invite Gabriel Boric the Chilean president and LuizInacio Lula Silva, the Brazilian president.

Petro claimed that the two of them were talking to Pedro Sanchez (the Prime Minister of Spain) regarding his idea.

His position on health has been controversial as he insists on ending EPS and replacing the model with a preventive health model that "guarantees individuals' rights, not bankers' profits".

He has also raised questions about the independence of the Banco de la Republica and announced that he would also propose a reform in the event of becoming President.

Petro says that the Bank's Board of Directors is part of a political organization known as the Democratic Center. Therefore, Petro claims, "What we want" is a true independent Bank of the Republic (...). Gustavo Petro Petro said this in the middle of an argument.

Invamer asserts that Petro is the president's choice for voting intention.

The idea of releasing cash to fund spending by the government was also controversial.

Petro's proposal includes an entirely new economic system which isn't dependent upon fossil fuels. The proposal also includes hydrocarbon extraction. But, Petro places more emphasis on agriculture.

It is also mentioned that he is likely to propose a tax reform that would eliminate exemptions as well as transform the idea and definition of minimum wage into an actual income-based wage.