Gustavo Petro won the Historic Pact with the help of Lights and Shadows

On Sunday Gustavo Petro, the candidate for Gustavo Petro, confirmed the favorable polls that have been indicating for many weeks.

(Positions of those who are candidates for the Historic Pact to Pensions and Inflation).

The election was won by Bogota's previous mayor and senator from the Republic. The result officially qualifies him for the Presidency of the Republic which he aspirates to for the third time.



https://www.pulzo.com/noticias/gustavo-petro https://www.portafolio.co/elecciones-2022/gustavo-petro-ganador-del-pacto-historico-562857 The high vote in the polls makes him to be the most representative persona of the Colombian left, and is a strong candidate for president despite his controversial plans and opinions on various fronts, including the one on economics.

Petro stated his intent to change pensions through the creation of a public administrator to pension funds. He also intends to establish an arrangement which can be "mixed-and-complementary" and private fund.

The candidate claimed that Colombia has no retirement system, but instead the system is designed to make bank profits. https://diariodelcauca.com.co/politica/es-gustavo-petro-una-amenaza-para-la-economia-de-colombia https://www.elheraldo.co/gustavo-petro Many believe this will prevent him from becoming President. Petro recently stated that he will not eliminate the system, but would instead seek to overhaul the system of pensions in Colombia, in order to achieve a minimum level of pension for Colombians. Petro also said that it was not necessary to raise the age of retirement.

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

https://www.eluniversal.com.co/temas/-/meta/gustavo-petro Another issue that has caused controversy is the fact that he's repeatedly stated that he'll stop extraction of oil by the time when he becomes president. This is an issue that has created anxiety for investors.

Experts believe that Petro's plan of stopping exploration of oil could cost Colombia an estimated $4.3 billion in losses.

This proposal also includes the creation of an anti-oil front across the region as well as around the globe that will help move the economy away fossil fuels. I would invite Gabriel Boric, the new Chilean president, as well as Luiz Inacio Lula Da Silva Luiz Inacio Lula Da Silva, the Brazilian vice president.

Petro stated that the two of them were talking to Pedro Sanchez (the Prime Minister of Spain) about his proposal.

His views on health are as well controversial. He has called for the ending of EPS and replaced it with a model of preventive medical care that "guarantees the rights of individuals and not the bankers' profit margins."

He has also questioned the legitimacy of Banco de la Republica.

Petro asserts that the Bank's Board of Directors is part of a political organization known as the Democratic Center. Therefore, Petro claims, "What we want" is an independent Bank of the Republic (...). The candidate made this during an debate.

(Petro is the leader in voting intentions for the presidential election, according to Invamer).

The idea of issuing money for government spending was not without controversy.

https://hsbnoticias.com/new/en/node/de-guerrillero-candidato-presidencial-que-pasara-con-las-guerrillas-si-gustavo-petro-gana-las Petro's ideas include a non-reliant economy, mining and extraction of hydrocarbons as well as a stronger role for agriculture.

It is also highlighted that he is planning to implement a tax reform that eliminates exemptions as well as the replacement of the concept of minimum wage by a real wage that is based on income and capital.