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Gustavo Petro's Lights and Shadows, the winner of The Historic Pact
Gustavo Petro the candidate confirmed on Sunday that he was the beneficiary who was spotted in polls for the past week.

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

The former Bogota mayor Bogota and former senator of the Republic has been able to gain the victory of the Historic Pact coalition and officially becomes a candidate for Presidency of the Republic the United States, a position that he hopes to attain for the third time. The high vote in the polls makes to him being the most representative figure of the Colombian left, and is a solid candidate for president, despite his controversial proposals and ideas on several areas, including the one on economics.

Petro declared his intention to change the pension system through the creation of a public administrator to pension funds. He also intends to create an arrangement which is "mixed-and-complementary" and private fund.

The candidate claimed that Colombia does not have a retirement system, but instead an institution that generates bank profits. Many believe that this will prevent him from becoming President. Petro recently stated that although he would not eliminate them but he would pursue reforms in pensions to ensure a minimum retirement age for Colombians. Petro further stated that it's not necessary to increase the pension age.

gustavo petro (Who are the potential candidates for the Historic Pact?

Another controversial issue is his repeated pledges to stop the extraction of oil when he becomes President. This has created uncertainty for investors as well as the market overall.

gustavo petro Experts believe that Petro's plan of ending oil exploration would cause a massive impact on Colombia which would cost Colombia $4.3 trillion.

Furthermore, this plan would create an antioil front in the globe and across the region which shifts the focus of our economy away from fossil fuels. For that I'd suggest inviting Gabriel Boric the Chilean president and LuizInacio Lula Silva to be the Brazilian president.

Petro said he was speaking with Pedro Sanchez (the Prime Minister of Spain) about his proposal.

petro gustavo His position on healthcare is also controversial. He wants to end EPS and replacing it with the preventive-care model which "guarantees the rights of individuals and not bankers' profits." He has also question the legitimacy of Banco de la Republica.

Petro said that the Bank Board of Directors belongs to the Democratic Center. Accordingly, the candidate at the center of a discussion said "What do we really want? An independent Bank of the Republic (...) It's to me crucial that the Board of Directors is a part of the Society."

Invamer says that Petro is the main voter's intention to vote in the presidential elections. His plan to issue money to fund government spending was controversial.

Petro's ideas concentrate on a sustainable economy that isn't dependent on fossil fuels.

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

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