The decision by the Liberal Party, led by ex-president César Gaviria, to join Petro’s Historic Pact group shows the pragmatic side of the president-elect as he makes political deals aimed at executing an ambitious legislative agenda that includes fiscal, agrarian, pension and other changes.
“We won’t be a party of opposition,” Gaviria said in a statement Wednesday. Details still have to be worked out regarding the Liberal’s Party role in a governing coalition and how it can collaborate with 62-year-old Petro’s camp, he said.
The Liberal Party is one of the largest groups in the bicameral Congress, with 14 senators in the 108-seat Senate and 32 representatives in the 187-seat lower house.
Petro’s Historic Pact has 20 seats in the Senate and 27 in the House of Representatives. A coalition including the Liberals and other allies would bring it closer to a parliamentary majority.
Sandra Borda, a political analyst at the University of Los Andes in Bogotá, said that a lot remains unclear about Petro’s vision of a “national accord” in which all sectors of society get involved.
“We have to see what will be the content of the policies that Congress will support, and in exchange for what,” Borda said. Governments and international investors will follow closely to see who Petro picks as finance minister, which could indicate whether he plans on foreign heavy state involvement in the economy, she said.
Some 47% of the electorate voted for real estate tycoon Rodolfo Hernández, who lost to Petro in the second round. As the losing candidate, Hernández was still guaranteed a Senate seat and he said Thursday that he would take it.
Petro is virtually certain to face robust opposition from the Democratic Center, the party founded by a former president, Álvaro Uribe. Current President Iván Duque, who by law was not allowed to run for a second term, is a member of the Democratic Center. He will hand power to Petro on Aug. 7.