Notes

Gustavo Petro won the Historic Pact with Lights and Shadows
Candidate Gustavo Petro confirmed on Sunday the favoritism that the polls have been indicating for a few weeks.

(Positions for those who wish to join the Historic Pact of Pensions and Inclusiveness).

In the end, the former Bogota mayor Bogota and former senator of the Republic managed to win the victory in the Historic Pact coalition and officially becomes a candidate for presidency of the Republic the United States, a position to which he is aspiring three times.

The high vote in the polls makes to him being the most representative of the figures of the Colombian left, and a solid candidate for president despite his controversial ideas and opinions on various fronts, including the economic one.

gustavo petro declared his intention to reform the pension system through the establishment of a public administrator of the pension fund. The pension system will be "mixed" and will complement the private funds.

According to the candidate, according to the candidate, in Colombia there no pension system. Instead the system is built on bank profits. Many people believe Petro will eliminate the possibility of him assuming the Presidency. Petro said recently that he would not eliminate them, but would pursue reforms in pensions to ensure that Colombians get a minimum pension. He stated, however, that it was not necessary to raise the age of retirement.

(Who compose the Historic Pact candidates list?

Another issue that has been a source of controversy is his repeated pledges to stop the extraction of oil when his presidency begins. This has caused uncertainty for investors as well as the market overall.

The experts believe that Petro's request to Colombia to stop oil exploration could result in an estimated loss of $4.3 billion.

https://www.grupoenergiadebogota.com/content/download/5967/88919/file/GUSTAVO FRANCISCO PETRO URREGO.pdf propose to create an anti-oil front within the region and around the world. This would move the economy away from fossil fuels. In this regard I would like to invite Gabriel Boric (the new Chilean president) and LuizInacio Lula da Silva (the Brazilian LuizInacio Lula da Silva), among others.

Petro claimed that he's had a conversation with Pedro Sanchez, the Prime Minster of Spain regarding his plan.

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

https://www.elespectador.com/tags/gustavo-petro/ has also raised questions about the legitimacy of the Banco de la Republica and said he'd propose a reform in the event of becoming the President.

According to Petro, "the Board of Directors of the Bank belongs to a political party, the Democratic Center" and therefore, "what we want is an independent Bank of the Republic (...) it is crucial that the board of directors has the presence of the society," said the candidate, in the middle of an argument.

According to Invamer, Petro leads the vote in the presidential election.


His idea to issue cash to fund government spending was controversial.

petro gustavo concentrate on a sustainable economy that isn't dependent on fossil fuels.

There is also a mention that he would introduce a tax reform that would remove exemptions, and convert minimum wage concepts into actual wage rates based on capital and income.

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