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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 marking the elections for several weeks, displaying favoritism.

(Position of Candidates to the Historic Pact On Pensions and Inflation).

Ex-senator of the Republic and former mayor in Bogota managed to win the victory in the Historic Pact coalition. Officially the former mayor is now an aspirant to the presidency and hopes to win for the third time. Despite his controversial proposals on various fronts and ideas his high turnout in the poll has been a sign of his status as the most representative persona of Colombia's left.

Petro has stated that he plans to alter the pension system through the establishment of a public administrator to pension funds. He also intends to establish a system that is "mixed-and-complementary" with private funds.

gustavo petro According Petro, there's no system of pensions in Colombia. However banks make profits. So many have claimed that Petro would eliminate any chance of being elected as president. Petro recently said that he will not abolish the system but would advocate for reforms to the pension system in order to provide the minimum amount of income to Colombians. Petro said, however, that it was not necessary to raise the retirement age.

(Who are the people who compose the Historic Pact candidates list?

Another thing that has been criticized about him is that he repeatedly promises that he will end the extraction of oil once he comes into office. This has created uncertainty among investors as well and the market.

Experts predict that Petro's proposal ending oil exploration would bring Colombia the equivalent of $4.3 billion in losses.

I also propose to create an anti-oil front in the region and across the globe. This would help shift the economy away form 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) and others.

Petro has said that he spoke with the Prime Minister of Spain, Pedro Sanchez, regarding his idea. His position on healthcare is also controversial. He insists on ending EPS and replacing it with an preventive model of healthcare that "guarantees the rights of individuals and not the bankers' profits."

He also questioned the independence of Banco de la Republica, and stated that he would also reform the institution should he becoming president. Petro says that the Bank's Board of Directors is part of a political party called the Democratic Center. Therefore, Petro claims, "What we want" is an independent Bank of the Republic (...). The candidate made that in the middle of an debate.

Invamer says that Petro is in charge of the vote intention in the presidential election.

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

Petro's ideas include a non-reliant economy, hydrocarbon extraction and mining, and a greater agricultural role.

He also said that he will implement a tax reform to eliminate exemptions and change the concept of minimum wage into a real-world wage based on income and capital.

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