On June 19th Gustavo Petro won Colombia’s presidential election, taking 50.5% of the vote against 47.3% for Rodolfo Hernández, his populist rival. On May 20th The Economist interviewed Mr Petro in Bogotá. The English translation was made by The Economist and has been lightly edited for clarity.
The first reform would precisely be to remove subsidies from hydrocarbons, specifically coal. And in relation to oil, we would turn into law that the payment of royalties—which is the income that the Colombian state receives from the exploitation of oil for being the owner of the [mineral rights]—should no longer be deducted from the income tax paid by oil and coal companies.
Now we can move onto your next question about hydrocarbons. And it’s about the Colombian economic model in general: since abandoning a coffee-based economy 30 years ago, Colombia’s economy has depended on exports of oil, coal, and cocaine. And one of the things I am proposing is to prohibit new hydrocarbon exploration contracts. This means maintaining all the current signed contracts and oil exploration projects—but we will not sign new oil exploration concessions.Let’s talk about the independence of the central bank, which has been important to attracting foreign investment.
Well it fits in perfectly. Colombia has one of the greatest social inequalities in the world and our tax system doesn’t reduce that inequality, unlike what happens in Europe. So our tax reform wants to complete three objectives: reduce the deficit, stimulate production, and increase social justice, tax justice.
So a new anti-drug policy should have as its first objective to rebuild Colombian agriculture and industry. And the second objective should be to take territorial control away from the mafias. Meaning, turning populations that today are under the rule of criminal organisations into allies of the State.
So what we have to look at with respect to the cocaine mafias—which have transformed into multi-crime organisations, meaning they don’t just export cocaine, instead they perpetrate crimes against humanity on Colombian territory—with extended links to political power and inside the [Colombian] state.
The beginning of the end
he is a sure servant to the bosses of the world. Recently, world leaders have taken away leaders from the government and placed the leaders they want. BUT can the world leaders take away the president of Türkiye from the government? 😂😂😂
Good Luck with that!
Thanks to TheNewYorkTimes washingtonpost If Latam will transform an entire Venezuela is your fault The amount of official propaganda from large media has Boric and Petro in power, both friends of communists dictatorships
uh oh, better run to the trash deposit now and look for stuff before its too late...
Did they use dominion?
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Source: BBCNews - 🏆 3. / 97 Read more »
Leftist Gustavo Petro wins Colombian presidency\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t Guys rate my nude photos) Adios Columbia. Yall were back on the way up. Communist, kidnapper, Hugo Chavez 2.0 won. Part of the colombian population has an admiration for criminals exactly like the rest of Latin America.
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Source: BBCNews - 🏆 3. / 97 Read more »
Leftist Gustavo Petro wins Colombian presidency\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t Guys rate my nude photos) Adios Columbia. Yall were back on the way up. Communist, kidnapper, Hugo Chavez 2.0 won. Part of the colombian population has an admiration for criminals exactly like the rest of Latin America.
Source: FT - 🏆 113. / 51 Read more »
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