Colombia President: Earthquake damages at 9.6B
Colombia incurred economic losses estimated at around $9.6 billion as a result of the earthquake that struck the country last week, destroying buildings worth approximately 24.5 trillion pesos and causing infrastructure damages amounting to 5.5 trillion pesos. The 7.4 magnitude earthquake resulted in 280 deaths and over 4,000 injuries, with 143 people reported missing, leading to landslides in western regions of the country. The figures are expected to change after a full assessment of the damages. This earthquake marks the first major crisis faced by the new president, Gustavo Petro, who is currently overseeing relief efforts and reconstruction.
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