Days after a magnitude 7.4 earthquake struck Colombia, Colombian President Abelardo de la Espriella declared a state of economic emergency following the massive destruction it caused to the country.
According to the latest data by Colombia’s National Unit for Disaster Risk Management, the disaster has damaged more than 134,000 homes, including nearly 29,500 that were destroyed, while 277 buildings collapsed.
Key infrastructure and services were also affected, including 4,028 community centers, 3,421 educational facilities, and 335 health centers.
On the other hand, 432 roads, 97 water systems, 52 vehicle bridges and five airports were also damaged.
According to Espriella, the announcement is a massive rebuilding effort to the affected families and impacted areas.
The government will provide temporary rental subsidies, cover public utility costs for affected families, offer tax and financial relief, and provide economic assistance to vulnerable households and small businesses.
De la Espriella also announced the creation of a “Milagro or Miracle Fund” under the economic emergency.
It aims to channel national and international contributions toward recovering housing and infrastructure.
Further measures will be implemented to support recovery, revive local economies, and restore jobs in the hardest-hit areas.
At least 312 people have died, 4,611 injured, and 290 missing because of the earthquake.