President Gustavo Petro approaches the final months of his term, constitutionally barred from seeking reelection as Colombia prepares for its May 2026 presidential vote to select a successor. Recent policy moves, including a nearly 23 percent minimum wage increase and higher pay for soldiers, have driven his approval rating to around 47 percent, the highest level in over a year. His administration continues pushing economic emergency decrees and tax reforms to address the 2026 budget while pursuing a constituent assembly to overhaul the constitution, though these face resistance in a Congress where his coalition holds a plurality but lacks a majority. U.S. investigations into alleged drug ties add external pressure, yet no formal domestic removal proceedings have advanced.