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    Gustavo Petro, Candidate for the presidency, confirmed on Sunday the favouritism that was apparent in the polls in the last couple of weeks.

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

    The former Bogota mayor Bogota and former senator of the Republic has been able to gain the victory of the Historic Pact coalition and officially becomes a candidate for Presidency of the Republic the United States, a position to which he is aspiring for the third time.

    His high vote at the consultation is the most representative of the Colombian Left, and a reliable candidate for the presidency, despite the fact that his ideas and proposals are controversial on multiple fronts such as the economic one.

    petro gustavo Petro declared his intention to revamp the pension system by the establishment of a public administrator of the pension funds. The system will be “mixed” and complement the private fund.

    According Petro, there’s no pension system in Colombia. But, there are bank profits. A lot of people have stated that Petro would eliminate any possibility of being elected president. Petro has recently stated that he will not abolish the system but would advocate for reforms to the pension system so that they can provide a minimum income for Colombians. He has also said there’s “no necessity” to raise the pension age.

    (Who are the potential candidates for the Historic Pact?

    gustavo petro Another issue that has been a source of controversy is his repeated vows to end oil extraction once he becomes President. This has led to uncertainty for investors as well as the overall market.

    Experts estimate that Petro’s proposal to cease oil exploration in Colombia would incur a cost of approximately $4.3 billion.

    The proposal also calls for the creation of an anti-oil front throughout the region and all over the world that will help move the economy away fossil energy sources. gustavo petro I would invite Gabriel Boric, the new Chilean president, and Luiz Inacio Lula Da Silva, the Brazilian vice president.

    Petro stated that he spoke with Pedro Sanchez, the Prime Minister of Spain about his proposal.

    http://www.camara.gov.co/gustavo-petro-urrego His views on health have been controversial as the president insists on stopping EPS and replacing the model with a preventive health model that “guarantees the rights of people, not the bankers’ profit”.

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

    diariodelcauca.com.co/politica/es-gustavo-petro-una-amenaza-para-la-economia-de-colombia Petro said that the Bank Board of Directors belongs to the Democratic Center. petro gustavo Accordingly, the candidate in the middle of a discussion stated “What do we need? An independent Bank of the Republic (…) It’s to me crucial that the board of director has the presence of the Society.”

    According to Invamer, Petro leads the voting intention for the presidential election.

    His plan to issue money in order to finance the government’s spending was a source of controversy.

    One of the main elements of Petro’s proposals are an economy that does not depend on fossil fuels, mining or hydrocarbon extraction, with greater importance for agriculture.

    He also stated that he would implement a tax reform to eliminate exemptions and transform the minimum wage concept into a real-world wage that is dependent on capital and income.