Event Brief
UPDATED Aug 19, 2026 at 12:10 PM ET
Aug 18, 2026 at 1:32 PM ET
Colombia estimates earthquake rebuild at up to US$12.9B
By The BriefBrief
Colombia’s national planning department estimated the earthquake reconstruction could cost up to COP 40 trillion, about US$12.9 billion, over five to six years. The estimate is described as the first institutional figure and is said to be about one-third higher than the president’s own cost figure.
WHO: Colombia’s national planning department
WHAT: Released an institutional estimate for earthquake reconstruction costs and timeline, putting the rebuild at up to COP 40 trillion (about US$12.9 billion) over five to six years.
WHEN: Reported Aug 19, 2026 at 11:48 AM ET
WHERE: Colombia
WHY: Cause not yet established.
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