Colombian President Gustavo Petro remains in office with his single four-year term scheduled to conclude on August 7, 2026, as he is constitutionally barred from seeking consecutive re-election. No active impeachment proceedings, resignation announcements, or Supreme Court challenges have emerged to alter this timeline. March 2026 congressional elections strengthened his Pacto Histórico party’s Senate presence but left a fragmented legislature requiring future coalitions for major reforms. The May presidential vote, with a possible June runoff, will determine his successor, while recent polling shows his approval nearing 50 percent amid ongoing debates over economic emergency measures and constitutional change proposals. Traders assess low near-term removal risk given the absence of procedural triggers before the fixed transition date.