HomeUSA NewsLeftist Petro Takes Workplace in Colombia Amid Financial, Social Challenges | gadgetfee

Leftist Petro Takes Workplace in Colombia Amid Financial, Social Challenges | gadgetfee

BOGOTA (Reuters) – Gustavo Petro will on Sunday turn into Colombia’s first leftist president, elected by voters who hope he can perform formidable social and financial reforms meant to scale back violence and deep inequality within the polarized Andean nation.

Petro, a former member of the M-19 guerrillas, is ready to be inaugurated in Bogota’s Bolivar Plaza on Sunday afternoon.

Senate president Roy Barreras will swear him in entrance of some 100,000 folks, together with Spanish King Felipe VI, at the least 9 Latin American presidents and common Colombians invited by Petro.

New Vice President Francia Marquez, an environmental activist and former housekeeper, would be the first Afro-Colombian lady to carry her publish.

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Petro, a 62-year-old former senator, has mentioned his first precedence shall be actions to struggle starvation within the nation of fifty million, the place almost half the inhabitants lives in some type of poverty.

A $5.8 billion tax reform, which might elevate duties on excessive earners to fund social packages, shall be proposed to congress on Monday by the brand new Finance Minister Jose Antonio Ocampo.

“I am additionally nervous about changing into president,” Petro lately informed college students at his alma mater Externado College in Bogota, when requested in regards to the challenges he faces.

Petro has pledged free public college schooling and healthcare adjustments and constructed a broad congressional coalition of leftist and centrist events to move his platform.

Guarantees of a pension reform and a halt to new oil improvement have prompted investor jitters regardless of the appointment of Ocampo, a long-time official, as finance minister.

The brand new president, a former mayor of Bogota, has additionally promised to revive scuppered peace negotiations with the Nationwide Liberation Military (ELN) rebels and apply a 2016 peace deal to ex-members of the FARC guerrillas who reject it.

His international minister has mentioned the federal government will maintain dialogue with gangs and doubtlessly give members diminished sentences in trade for details about drug trafficking.

The sword of Latin American liberation hero Simon Bolivar – stolen by Petro’s erstwhile M-19 comrades in 1974 – shall be on show within the plaza.

“All of us must want one another good luck,” Petro informed the scholars.

(Reporting by Luis Jaime Acosta; Writing by Julia Symmes Cobb; Modifying by Marguerita Choy)

Copyright 2022 Thomson Reuters.

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