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Lights and Shadows by Gustavo Petro winner of the Historic Pact
Gustavo Petro was confirmed as the Candidate on Sunday. He has been going through the elections for several weeks with favoritism.

(Position of candidates for the Historic Pact on Pensions and inflation).

The victory of the Historic Pact coalition was won by the former mayor of Bogota and also the former senator of Republic. He officially became the candidate for President of the Republic, which is a position he longs to be able to hold for the third time.

gustavo petro in the consultation has made him the most representative member of the Colombian left. He's also a strong candidate to become president despite his controversial ideas and views on numerous fronts.

Petro has expressed his desire to reform the pension system by establishing an administrator public to oversee pension funds. This will enable Petro to combine both public and private money into an "mixed and complementary system."

The candidate has said that in Colombia "we do not have a pension system, but banks have a profit system," so many claim that he will end any chance of winning the Presidency. But, Petro recently said that he will not abolish them but would pursue reforms to pensions to create a minimum retirement age for Colombians. Petro has also stated there's "no need" to raise the pension age.

(Who are the contenders to be the candidates for the Historic Pact?

Another controversy concerning him is the fact that he repeatedly promises that he will stop the extraction of oil once he comes into the helm. has caused uncertainty among investors as well as the market. believe that Petro's proposal to Colombia to stop exploration for oil would result in a loss of $4.3 billion.

Added to this proposal is to create an anti-oil front within the region and the world, which moves away from fossil fuels for which I'd like to invite the new president of Chile, Gabriel Boric, and the Brazilian Luiz Inacio Lula da Silva, among other people.

Petro said he's had a conversation with Pedro Sanchez, the Prime Minister of Spain about his proposal.

His attitude on health issues has been controversial as well since he has argued on eliminating EPS and replacing it with a proactive care model that "guarantees the rights of people instead of the profits of bankers".

The president also raised doubts regarding the legitimacy and independence of the Banco de la Republica.

Petro said that the Bank Board of Directors of the Bank was part of the Democratic Center, a political party. "What would like, however, is a completely independent Bank of the Republic (...) and it is to us essential to ensure that the Board of Directors is a part of the community," the candidate said in the middle of the debate.

(Petro leads voting intention in the presidential elections According to Invamer).

The idea of creating cash to fund government spending was not without controversy.

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

He could also implement an overhaul to the tax code that removes exemptions, and transforms the concept of minimum wages by real wages based on capital or income.

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