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    Gustavo Petro , Candidate for the presidency, confirmed on Sunday the favouritism that was evident in polls over the last few weeks.

    (Positions of candidates (Positions of candidates Historic Pact to Pensions and Inflation).

    The victory was won by Bogota’s previous senator and mayor of the Republic. This means that he is a candidate for the Presidency Of the Republic which he aspirates to for the third time.

    His high vote at the meeting is the most representative of the Colombian Left and is a strong presidential candidate, despite controversial proposals and ideas across multiple fronts, such as the economic one.

    Petro declared his intention to reform the pension system by establishing a public administrator for pension funds. This will enable Petro to mix both public and private money into the form of a “mixed and complementary system.”

    According Petro, there is no pension system in Colombia. But there are bank profits. So many have claimed that Petro will eliminate any possibility of being elected as president. http://www.eluniversal.com.co/temas/-/meta/gustavo-petro has stated that he would not eliminate the system, but he will pursue reforms in pensions to ensure that Colombians have a minimum pension. Petro also said that it is not necessary to raise the pension age.

    (Who make up the Historic Pact’s list of potential candidates).

    Another issue that has been a source of controversy is his repeated pledges to stop oil extraction when he becomes President. This has created anxiety for investors as well as the market overall.

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

    In addition to this, the proposal is to create an anti-oil movement in the region and across the globe that will move away from fossil fuels to which I would invite the new president of Chile, Gabriel Boric, as well as the Brazilian Luiz Inacio Lula da Silva, among others.

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

    gustavo petro on healthcare is also controversial. He is insistent on ending EPS, and replacing it with a preventive-care model that “guarantees individuals’ rights and not bankers’ profit.”

    He has also questioned the independence of the Banco de la Republica and said he’d propose a reform when he becomes the President.

    Petro claimed that the Bank Board of Directors belonged to the Democratic Center and “What we need is an independent Bank of the Republic (…) it is essential that the Board of Directors includes the participation of society members,” the candidate stated in the middle of a debate.

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

    http://www.asuntoslegales.com.co/gustavo-petro of creating money to finance spending on government was not without controversy.

    Petro’s recommendations include an economy that isn’t dependent on fossil fuels and the extraction of hydrocarbons, and mining. Agriculture plays a bigger importance.

    It is also noted that he would suggest a tax reform which would end exemptions and transform the idea and definition of minimum wage to an actual income-based wage.