Tuesday, April 16

Uribe expects Petro to “defend the oldest democracy in Latin America”


Correspondent in Bogota

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Colombia woke up this Monday doing accounts. Accounts on the number of votes that, region by region, gave Gustavo Petro victory and what this reflects of the economic and social fracture that the country shows: the productive and urban center voted for Rodolfo Hernández (10,555,678 votes) , while the periphery most plagued by poverty, violence and the lack of a State brings Petro to power. The elected president will arrive on August 7 at the Casa de Nariño with 11,275,120 votes of support – the highest figure in the country’s history – to inaugurate the first left-wing government in Colombia.

But you also tell about how much will the dollar rise this tuesdayas a reaction of the markets to the change, and what will be its reflection in the risk rating agencies.

Others make accounts of how much capital flight there will be or what margin the popular sectors will give before going out to march when it is evident that the difficult Colombian economic situation hinders the promises of social investment, subsidies and benefits of the campaign program of the Historical Pact.

This scenario, however, has positive data. Everyone in the country recognizes the democratic result, a necessary starting point for future agreements. The productive unions of the country and some of the most critical voices of the economic model of the Historical Pact, got up early to support the electoral process and, in a second line, to offer Petro their willingness to work together. The leaders of Asocaña, which brings together the powerful sugar industry, and the Colombian Society of Farmers, welcomed the strengthening of agriculture and the search for meeting points.

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For their part, two of the most powerful unions in the country joined the recognition, without neglecting their main fear: that the Petro government breaks the institutionality. «It will be everyone’s task, but especially the president’s, to build a bridge (…). It will be important that we manage to make the most important decisions of the coming years and decades collectively,” he said. Bruce McMasterpresident of the National Association of Industrialists (Andi).

In the same tone, Asobancariawhich brings together financial entities, noting that it is a “transcendental democratic decision that calls on all sectors to seek agreements to build the country we want”, perhaps in response to Petro’s victory speech, where he stated that he will seek a great national agreement and that its purpose is “to develop capitalism in Colombia.”

And the Guild Councilheavyweight among the sectors opposed to the petrista model, concluded: «We are ready to work together for a stable, inclusive and responsible Colombia, which guarantees democratic rights, individual, collective and economic freedoms, the exercise of free enterprise, legal certainty and respect for institutions.

Repist the institutions

Petro’s post-victory speech was received in almost equal measure with great joy and great caution. The former president Alvaro Uribe trilled to recognize that “the Colombian people today gave their verdict by electing Gustavo Petro president. We trust that from the first magistracy he will respect the institutions and defend the oldest democracy in Latin America».

On Monday, while the right-wing politicians were taking the coup, the political sectors that got on the victory train in the second began calculating quotas in the new cabinet, which is expected to meet the finance minister soon, key to markets and foreign investment. For their part, the losers, that is, the political institutions that supported Hernández in rejection of the leftist government model, began the addition and subtraction of support in Congress to find out how much counterweight they can make to the strong caucus of the Historical Pact.

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In the midst of the holiday Monday leisure, others began to subtract days from the eventual request for dismissal of General Eduardo Zapateirocurrent commander of the Army, to avoid recognizing Gustavo Petro as his boss, about whom he made comments on the networks, in the middle of the electoral campaign, crossing the constitutional line that requires the armed forces to refrain from participating in politics and sowing doubts about the respect of the armed forces to the will of the people.

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