August 11, 2026
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0:46Now PlayingColombia’s government plans to declare an economic emergency to bolster its response to a massive earthquake. #colombia #earthquake #news
An emergency order would give President Abelardo de la Espriella temporary authority to issue economic and tax decrees without congressional approval.
The quake is likely to amplify the nation’s fiscal strains, complicating De la Espriella’s efforts to deliver on promises to curb rising budget deficits with an ambitious austerity drive.
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