The Colombian government plans to declare an economic state of emergency to strengthen assistance to those affected by the powerful earthquake that occurred on August 10. Finance Minister Miguel Gómez stated this during an address to Congress, Bloomberg reports, as cited by UNN.
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The emergency decree will grant President Abelardo de la Espriella temporary powers to make economic and tax decisions without prior approval from Congress. The official announcement could be issued as early as August 11 after approval by the entire government.
Zelenskyy responded to the earthquake in Colombia and called on the world to help10.08.26, 21:00
A magnitude 7.4 earthquake struck western Colombia and caused widespread destruction. According to the latest data, more than 250 people have been killed, hundreds injured, and rescuers continue searching for people under the rubble.
The state of emergency will allow the government to allocate funds more quickly for disaster relief and support for the affected regions. The authorities are also considering securing World Bank financing for emergency needs.