InfrastructureHighSingle-sourceBuilding
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Colombia earthquake claims estimated at $3.7 trillion; payouts concentrated in Valle del Cauca and Risaralda
La RepúblicaLO·CO·2 days ago
Colombia's government authorizes exceptional access to the Fonpet pension fund to finance reconstruction after a 7.4-magnitude earthquake, which damaged homes, schools, and infrastructure. The move signals fiscal strain and prioritizes recovery, but the scale of damage and funding adequacy remain unclear.