The high percentage of votes he received during the consultation will make him the most representative of the Colombian Left and is a strong candidate for the presidency, despite the fact that his ideas and proposals are controversial on multiple fronts, such as the economic one.
Petro has expressed his desire to change the pension system by establishing an administrator public to oversee pension funds. This will enable Petro to blend private and public funds into a "mixed and complementary system."
According to Petro, there is no system of pensions in Colombia. However, there are bank profits. A lot of people have stated that Petro will eliminate any chance of being elected as president. But, Petro recently said that he will not abolish them however, he would like to reform the pension system to achieve a minimum pension for Colombians. Petro also has said there's "no necessity" to raise the age of retirement.
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Another controversial issue is that he has repeatedly stated that he would end oil extraction by the time the time he assumes office. This has been an issue that has led to confusion among investors.
https://www.elheraldo.co/gustavo-petro Experts believe that Petro's plan of end to exploration for oil would cost Colombia the equivalent of $4.3 billion in loss.
The other aspect of this plan is the idea of establishing an anti-oil front within the region and across the globe to move the economy away from fossil fuels, to which I would invite the new president of Chile, Gabriel Boric, and the Brazilian Luiz Inacio Lula da Silva, and other people.
Petro stated that he has talked to Pedro Sanchez, the Prime Minister of Spain regarding his plan.
His position regarding health concerns is also controversial. He has been insistent about the end of EPS and replacing it with a preventive system that "guarantees both the rights of individuals, not the profits of bankers".
He also has questioned the legitimacy of the Banco de la Republica and announced that he would also implement a change when he becomes the President.
According to Petro, "the Board of Directors of the Bank belongs to a political party, the Democratic Center" and therefore, "what we want is an independent Bank of the Republic (...) it's to me key that the Board of Directors has the support of the society," said the candidate, in the middle of the debate.
According to Invamer, Petro leads the voting intention for the presidential election.
It is also highlighted that he will propose an amendment to the tax code that removes exemptions, and transforms the idea of minimum wage by a real wage based on capital and income. petro gustavo