Colombia’s president pegs early quake losses at US$9.6bil
The 7.4-magnitude earthquake struck western Colombia last week, killing 280 people, injuring over 4,000 and leaving 143 missing.
Colombia's President Abelardo De La Espriella has estimated the economic losses from a recent earthquake to reach US$9.58 billion, according to a press conference in Bogota on Monday. The total cost is projected to be 30 trillion pesos, with approximately 24.5 trillion pesos attributed to damage of buildings and 5.5 trillion pesos to damaged infrastructure.
The 7.4-magnitude quake struck western Colombia, including major cities like Cali and Pereira, resulting in 280 deaths, over 4,000 injuries, and 143 missing persons. De La Espriella emphasized that this figure is preliminary and may change as more information becomes available and the damage is assessed in different regions. The Colombian quake is the first major crisis of his administration, as he assumed office just days prior to the disaster.
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- Colombia’s president pegs early quake losses at US$9.6bil freemalaysiatoday.com
