Colombia to Declare Economic Emergency as Quake Toll Tops 180
22 Articles
22 Articles
Colombia declares a state of emergency in the economy after a powerful earthquakeThe government of Colombia plans to declare a state of emergency in the economy to help those affected by the 7.4 magnitude earthquake that occurred 10 August. More than 250 people died, the decree will give the president temporary powers.
The US Geological Survey estimates losses of up to $10 billion, while this year’s debt quota is almost exhausted
Colombia to declare economic emergency as quake toll tops 180
An emergency order would give the country's new president temporary authority to issue economic and tax decrees without the need for congressional approval.
Colombia Earthquake: Government to Declare Economic Emergency; Toll ...
Colombia president heads to coffee region as quake toll tops 180
BOGOTA, Colombia — Colombia’s government plans to declare an economic emergency to bolster its response to a massive earthquake, as the country’s new president faces a tough and early test of his abilities to handle a crisis.
Finance Minister Miguel Gómez said that the approval of the declaration this Tuesday would allow the credit resources with the World Bank to be available before the end of the week.
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