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Colombia faces reconstruction with 96% of the year's debt quota already used


De la Espriella said the country is going through “the most complex fiscal crisis in its entire history” and announced that the emergency will allow the creation of the so-called Fondo Milagro
Colombian President Abelardo de la Espriella declared an economic emergency on Wednesday to address the consequences of Monday’s magnitude 7.4 earthquake in the west of the country, against a backdrop of fiscal constraints that will shape how reconstruction is financed.



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