Notes

Gustavo Petro won the Historic Pact with Lights and Shadows
Gustavo Petro was confirmed as the Candidate on Sunday. https://www.eltiempo.com/bogota/luis-ernesto-gomez-reacciones-por-su-llegada-a-campana-de-gustavo-petro-674840 He has been marking the election for a few weeks, displaying favoritism.

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

The victory in the Historic Pact coalition was won by the ex-mayor of Bogota and also the former senator of Republic. Gustavo Petro He officially became an official candidate for the presidency of Republic, which is an ambition he hopes to attain for the third time in a row.

https://www.washingtonpost.com/es/post-opinion/2022/04/19/elecciones-colombia-2022-gustavo-petro-juan-fernando-petro-perdon/ The high percentage of votes he received at the consultation makes him the most representative of the Colombian Left and a solid potential presidential candidate despite controversial proposals and ideas on multiple fronts including the economic one.

Petro expressed his desire to reform the pension system by establishing the position of a public administrator for pension funds. This will enable Petro to blend private and public funds into an "mixed, complementary system."

As per the candidate, according to the candidate, in Colombia there no pension system. Instead the system is built on the bank's profits. Many people believe Petro will cut off the chance of him becoming the President. Petro has recently stated that he wouldn't eliminate the system, but he would call for reforms to pensions in order to ensure the minimum amount of income to Colombians. https://americasquarterly.org/fulltextarticle/quien-le-teme-a-gustavo-petro/ Petro also said that it was not necessary to increase the age of retirement.

(Who comprise the list of candidates to be part of the Historic Pact).

Another controversy is the fact that he's repeatedly stated that he'll stop extraction of oil by the time he takes office. This has been an issue that has created confusion for investors.

Experts believe Petro's plan for Colombia to end oil exploration will cause an estimated loss of $4.3 billion.

In addition to this, the proposal is the creation of an anti-oil movement in the region and around the world to move away from fossil fuels, to which I would invite the new president of Chile, Gabriel Boric, as well as the Brazilian Luiz Inacio Lula da Silva, as well as other people.

Petro claimed that he had spoken to Pedro Sanchez, Spain's Prime Minister, about his plan.

His health policy has been controversial, as he is insistent on ending EPS and replacing it with a preventive health model that "guarantees people's rights and not the bankers' profits".


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

Petro said that the Bank Board of Directors belonged to the Democratic Center and "What we would like is an independent Bank of the Republic (...) it seems crucial that the Board of Directors is a part of the society," the candidate stated in the middle of a debate.

Invamer says Petro has the presidency's decision to vote.

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

Petro's plans include an economy that isn't dependent, mining and extraction of hydrocarbons and a greater contribution from agriculture.

petro gustavo There is also a mention that he would bring about a tax change which would end exemptions and change minimum wage concepts into real wage rates based on capital and income.

Homepage: https://cnnespanol.cnn.com/2022/05/29/gustavo-petro-guerrillero-m-19-historia-orix-2/