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Colombia estimates quake damage at $9.6 billion

BOGOTA — The powerful earthquake that killed hundreds of people in western Colombia caused $9.57 billion in economic losses, President Abelardo de la Espriella said on Tuesday, issuing a preliminary estimate. The 7.4-magnitude tremor, which struck on August 10, was the most powerful in Colombia in nearly half a century. The death toll stands at 289, with a further 4,187 injured and 143 missing.…

Colombia estimates quake damage at $9.6 billion

Bogota — President Abelardo de la Espriella estimated on Tuesday that the recent earthquake in western Colombia resulted in $9.57 billion in economic damage. The 7.4-magnitude quake, which occurred on August 10, was the most powerful to strike Colombia in nearly half a century. It claimed 289 lives, left 4,187 injured, and 143 people missing.

Roughly 27,000 homes were completely destroyed, leading many individuals to sleep outdoors or in public areas. De la Espriella, a political newcomer who assumed office just three days prior to the disaster, expressed the enormity of the crisis. He tasked his housing minister with initiating a rapid reconstruction plan, with the support of private enterprises. However, the minister, Jaime Andres Beltran, has faced criticism for his handling of the situation.

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