Colombia presidential hopeful Fajardo proposes tax reform to fund more social spending

Colombian presidential pre candidate Sergio Fajardo, speaks during a Reuters interview in Bogota, Colombia March 8, 2022. REUTERS/Luisa Gonzalez

BOGOTA (Reuters) - Colombian presidential hopeful Sergio Fajardo told Reuters on Tuesday that if elected his government would seek to raise income taxes on the country's highest earners to expand social spending.

Fajardo, a mathematics professor who narrowly missed making the runoff in Colombia's 2018 presidential election, looks set to win his coalition's primary in a Sunday vote, setting him up to represent the grouping of centrist and center-left parties in May elections.