How does the De la Espriella-Restrepo ticket propose to address Colombia’s fiscal deficit and restore fiscal sustainability?

The ticket plans to eventually return to Colombia’s balanced budget law (suspended by Petro in 2024), target primary fiscal surpluses, and reduce the debt-to-GDP ratio; in the short term, it will ease fiscal pressure by implementing an already-approved law shifting greater responsibility for healthcare, education, and other public services to local authorities.

Colombian Frontrunner Vows Swift Unwind of Petro’s Anti-Oil Push

Q: What specific energy policy changes does Colombian presidential frontrunner Abelardo de la Espriella plan to implement immediately after taking office?

De la Espriella’s government would, with its very first executive moves, allow new oil and gas exploration as well as fracking pilot programs—marking a swift reversal of President Petro’s anti-oil policies, which had halted new drilling licenses and sought to ban fracking since 2022.

Jun 5, 2026

Colombian presidential frontrunner Abelardo de la Espriella vows to reverse anti-oil policies, allowing new exploration and fracking to revive the energy sector and attract private capital after years of restrictions under President Petro.

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Colombian Frontrunner Vows Swift Unwind of Petro’s Anti-Oil Push

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