Name: Colombia’s President Declares Economic Emergency After Deadly Quake
Uploaded: 2026-08-13T13:51:02.000Z
Description: The measure allows the president to take measures by decree that would normally require approval from Congress.

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Colombia’s President Declares Economic Emergency After Deadly Quake

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Colombian President Abelardo de la Espriella declared an economic emergency on Wednesday to address the crisis caused by a magnitude 7.4 earthquake that has left 265 people dead.

“I have decided to invoke the economic emergency, a mechanism provided for in our Constitution, in order to address this crisis appropriately,” De la Espriella said, adding that the measure will create a “miracle fund” to channel national and international contributions toward rebuilding hospitals, schools, buildings, roads, and airports damaged by the quake.

The measure allows the president to take measures by decree that would normally require approval from Congress.

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