Gustavo Petro’s four-year term as Colombia’s president ends constitutionally on August 7, 2026, following the May 31 first-round presidential election and June 21 runoff to select his successor. A legislative commission recently advanced a proposal to suspend him temporarily through June 21 over alleged political interference, though officials confirmed he remains in office with no suspension enacted. Ongoing disputes over preliminary election results, including Petro’s fraud allegations, have heightened political friction but have not altered his status or triggered formal removal proceedings. His administration continues to face congressional opposition on reforms, cabinet instability, and scrutiny of security and drug policies, yet no successful impeachment or resignation process has materialized. These dynamics frame trader assessments of any early exit risk before the scheduled transition.