Colombia's President Gustavo Petro, constitutionally barred from seeking a second term, faces the scheduled conclusion of his mandate on August 7, 2026, after voters choose his successor in the May 31 presidential election and possible June runoff. Recent polls indicate his approval rating has climbed toward 50 percent, driven by minimum-wage increases, pay raises for soldiers, and labor reforms, reversing earlier declines. March congressional elections strengthened his party's position without delivering a majority, forcing coalition-building for remaining initiatives such as tax measures and a proposed constituent assembly. Multiple cabinet resignations have occurred amid security challenges and internal disputes, while Petro has floated economic emergency decrees to address the 2026 budget. These developments point to an orderly transition through the ballot rather than early removal or resignation.