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    Gustavo Petro was confirmed as the candidate on Sunday. Petro has been attending the election for a few weeks, displaying favoritism.

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

    The victory of the Historic Pact coalition was won by the former mayor of Bogota, and the former senator of Republic. He officially became an official candidate for the presidency of the Republic in an ambition he hopes to achieve for the third time in a row.

    He is the most authentic figure in Colombian left, and is a credible potential presidential candidate despite his controversial opinions and ideas on numerous aspects, including economic.

    petro gustavo declared his intention to change the pension system via the creation of a public administrator for pension funds. Petro is also planning to create a system which can be “mixed-and-complementary” and private fund.

    According Petro, there’s no pension system in Colombia. But there are bank profits. So many have claimed that Petro would eliminate any chance of being elected as president. Petro recently stated however that he would not abolish the system, but would instead seek to reform the pension system in Colombia, in order to achieve a minimum level of pensions for Colombians. Petro also stated that it is not required to raise the age of retirement.

    (Who are the potential candidates for the Historic Pact?

    Another controversy about him is the fact that he has repeatedly stated that he will end oil extraction once he takes the helm. This has led to uncertainty among investors as well and the market.

    Experts believe that Petro’s plan of stopping exploration of oil could cost Colombia the equivalent of $4.3 billion in losses.

    petro gustavo calls for the formation of an anti-oil front both in the region and around all over the world to shift the economy away from fossil fuels. petro gustavo would invite Gabriel Boric to Chile and LuizInacio Lula de Silva to join me.

    Petro said the two of them were talking to Pedro Sanchez (the Prime Minister of Spain) about his plan.

    His position on health issues is also controversial. He insists on ending EPS, and replacing it by a preventive-care model that “guarantees individual rights, not bankers’ profit.”

    He has also questioned the independence of the Banco de la Republica and declared that he will make a reform when he becomes President.

    According to Petro, “the Board of Directors of the Bank belongs to an political party called the Democratic Center” and therefore, “what we want is an independent Bank of the Republic (…) it is important that the board of directors is a part of the public,” said the candidate, in the middle of the debate.

    According to Invamer, Petro leads the vote in the presidential election.

    The idea of issuing cash to fund government spending was also controversial.

    Petro’s recommendations include an economy that isn’t dependent on fossil fuels, extraction of hydrocarbons and mining. Agriculture plays a larger part to play.

    http://www.eluniversal.com.co/temas/-/meta/gustavo-petro is also stated that he will propose an amendment to the tax code that removes exemptions as well as the replacement of the idea of minimum wage by a real wage based on income and capital.