World Bank approves additional $200 million for Colombia earthquake recovery

  • World Bank approves additional funding for Colombia’s earthquake response and recovery.
  • $200 million was approved, supplementing $200 million already disbursed.
  • Colombian authorities report 331 deaths and more than 4,500 injuries.

The World Bank approved an additional $200 million to help Colombia respond to and recover from the Aug. 10 earthquake. The new funding brings the total announced disbursement to $400 million, including $200 million already provided. Colombia’s finance minister said the support demonstrates the bank’s confidence in Colombia and its government. The funds will support reconstruction and disaster risk management after the 7.4-magnitude earthquake. The United Nations Development Program estimated last week that the disaster caused around $14 billion in damage, while Colombian authorities put the death toll at 331 and the number of injured at more than 4,500.

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