Notes

Lights and Shadows by Gustavo Petro, winner of the Historic Pact
Gustavo Petro was confirmed as the Candidate on Sunday. Petro has been attending the election for a few weeks and has been favored.

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

The victory of the Historic Pact coalition was won by the ex-mayor of Bogota as well as the former senator of the Republic. He officially became the candidate for President of Republic, which is a position he longs to attain for the third time.

He's the most representative persona in the Colombian left and is a strong presidential candidate despite his controversial opinions and plans on a variety of fronts, including economic.

https://www.elcolombiano.com/colombia/politica/petro-dice-que-en-su-gobierno-si-extraditaria-a-piedad-cordoba-NF17568612 Petro has expressed his desire to adjust the pension system by establishing a public administrator for pension funds. This will enable Petro to combine private and public funds into an "mixed complementar system."

He said that Colombia has no pension system but instead a system that is based on bank profit. This is the reason that many believe would make Petro the most likely candidate to become the president. Petro has recently said, however, that he would not abolish them, but would seek to overhaul the system of pensions in Colombia to ensure the minimum amount of pension for Colombians. https://cnnespanol.cnn.com/2022/05/29/gustavo-petro-guerrillero-m-19-historia-orix-2/ Petro also has said that there is "no need" to increase the age of retirement.

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

Another controversial issue is his repeated vows to end oil extraction once he becomes President. This has led to uncertainty for investors and the market overall.

Experts say Petro's idea of putting an end to oil exploration could have a devastating effect on Colombia, costing Colombia $4.3 trillion.


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

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

https://flip.org.co/index.php/es/informacion/pronunciamientos/item/2883-gustavo-petro-estigmatiza-y-genera-un-clima-de-violencia-contra-rcn Gustavo Petro His position on health concerns is also controversial. He has insistent on ending EPS and replacing it with a preventive model which "guarantees all rights of individuals, not the profits of bankers".

He also challenged the autonomy of Banco de la Republica, and announced that he would revamp the institution in the event of his becoming President.

Petro stated that the Bank Board of Directors belonged to the Democratic Center and "What we want is an independent Bank of the Republic (...) it's important that the Board of Directors has the presence of the society," the candidate stated during the debate.

(Petro is the leader in voting intentions for the presidential election According to Invamer).

petro gustavo The idea of creating money to finance government spending was not without controversy.

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

It is also stated that he would make a tax reform that eliminates exemptions and the transformation of the concept of minimum wage by a real wage based on income and capital.

Homepage: https://americasquarterly.org/fulltextarticle/quien-le-teme-a-gustavo-petro/