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Gustavo Petro, Winner of the Historic Pact: Lights and Shadows
Candidate Gustavo Petro confirmed on Sunday the favoritism the polls had been marking for weeks.

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

petro gustavo The victory of the Historic Pact coalition was won by the former mayor of Bogota and also the former senator of the Republic. He has officially become a candidate for Presidency of Republic and is the position he has always wanted to achieve for the third time.

He is the most authentic of the Colombian left and is a strong candidate for president despite his controversial opinions and proposals on many fronts, including economic.

Petro has stated his intention to adjust the pension system through the establishment of a public administrator for pension funds, resulting in a "mixed and complementing system" along with private funds.

The candidate has said that in Colombia "we don't have pension systems, but a system of bank profits," so many claim that he will end the chances of reaching the Presidency. Gustavo Petro Petro declared recently that he wouldn't eliminate the system, but he will pursue pension reform to ensure that Colombians have a minimum pension. He has also said there's "no need" to raise the age of retirement.

(Who are the candidates for the Historic Pact?

Another issue that has caused controversy is that he has repeatedly said that he will end extraction of oil by the time when he becomes president. This is an issue that has created uncertainty for investors.

Experts say Petro's idea to end oil exploration would be devastating for Colombia which would cost Colombia $4.3 trillion.

gustavo petro I am also proposing to set up an anti-oil front in the region, and around the world. This will help move the economy away form fossil fuels. To this I would like to invite Gabriel Boric (the new Chilean president) and LuizInacio Lula da Silva (the Brazilian LuizInacio Lula da Silva), among others.

gustavo petro Petro stated that he has spoken with Pedro Sanchez, the Prime Minster of Spain, about his idea.

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

He also challenged the autonomy of Banco de la Republica, and declared that he will also change the institution should he becoming president.

Petro claimed that the Bank Board of Directors belonged to the Democratic Center and "What we would like is an independent Bank of the Republic (...) it's important that the Board of Directors includes the participation of society members," the candidate stated in the middle of a debate.

Invamer claims that Petro has the presidency's decision to vote.

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

Petro's proposals include a non-reliant economy, hydrocarbon extraction and mining, and a greater role for agriculture. He also stated that he would implement tax reforms to end exemptions and transform the idea of a minimum wage into a real wage that is dependent on capital and income.

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