Petro defends decree that would modify pension transfers and is confident the Court will approve the reform

TL;DR

The Colombian government is re-centering the pension reform debate, a key initiative by President Gustavo Petro.
The reform aims to eliminate competition between public and private pension regimes, stabilize the fiscal deficit, and guarantee dignified retirements.
The project is currently suspended by the Constitutional Court, causing friction between the Executive and the judiciary.
A draft decree was issued to redefine rules for thousands of affiliates who recently transferred from private regimes (Rais) to Colpensiones.
President Petro argues the reform would articulate existing systems, avoid competition, and implement a 'pillar' model inspired by the Dutch system.
He claims the reform would decrease the fiscal deficit and provide more pension guarantees, but it's stalled by a Constitutional Court decision.
Petro criticizes the financial fragility of private pension funds (AFPs) and private health providers (EPS), predicting their eventual bankruptcy.
He also blames Congress for stalling health reform, warning of the definitive bankruptcy of several EPS.
The President questions the Attorney General's Office's lack of action in investigating the destination of public funds allocated to EPS.

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