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Gustavo Petro was confirmed as the candidate on Sunday. Petro has been attending the election for a few weeks and has been favored.

(Positions for candidates to the Historic Pact of Pensions and Inclusiveness).

Former senator of the Republic and former mayor of Bogota was able to secure the victory with the Historic Pact coalition. Officially the former mayor is now running for the presidency, which he hopes to win for the third time.

The large majority of votes in the consultation leads to him being the most representative figure of the Colombian left, and a firm candidate to be president despite his controversial ideas and views on a variety of areas, including the one on economics.

Petro has expressed his intention to make a readjustment to the pension system by the establishment of a public administrator for pension funds, resulting in an “mixed and complementing system” along with private fund.

According to the candidate according to the candidate, in Colombia there no pension system. Instead the system is based on bank profits. Many believe Petro will cut off any chance of his assuming the Presidency. gustavo petro But, Petro recently said that he would not eliminate them but would seek pension reform to ensure a minimum pension for Colombians. petro gustavo Petro also said that there’s no reason to increase the age of retirement.

(Who is on the Historic Pact candidate list).

Another of his controversial issues is that he has repeatedly stated that he will stop extraction of oil the moment the day he assumes office as President. This has caused a lot of uncertainty among investors as well as the market as a whole.

Experts estimate that Petro’s plan to stop exploration for oil would cost Colombia about $4.3 billion.

The plan also proposes the formation of an anti-oil front throughout the region and across the globe which will assist in moving the economy away from 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.

Gustavo Petro Petro claimed that he’s talked to Pedro Sanchez, the Prime Minster of Spain regarding his plan.

His views on health have been controversial as the president insists on stopping EPS and replacing it with a preventive care model that “guarantees individuals’ rights, not the bankers’ profits”.

He also questioned the independence the Banco de la Republica. Gustavo Petro He announced that he would implement reforms when he becomes the president.

Petro claimed that the Bank Board of Directors of the Bank was part of the Democratic Center, a political party. “What we would like, however, is a truly independent Bank of the Republic (…) and it is important to us to ensure that the Board has the presence of the entire community,” the candidate said in the middle of the debate.

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

The idea that he proposed was also controversial. to issue money to finance the government’s expenses.

Petro’s proposals include a non-reliant economy, mining and extraction of hydrocarbons, in addition to a more prominent agricultural role.

http://www.dinero.com/empresas/confidencias-on-line/articulo/gustavo-petro-preocupa-a-wall-street/255306 He also stated that he would pursue a tax reform to eliminate exemptions, and to transform the concept of minimum wage into a wage built on capital and income.