Colombia’s $10 Billion Earthquake Bill Imperils Austerity Drive
Macro·1 article across 1 outlet
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Less than half an hour before the first market open of his presidency, Abelardo de la Espriella’s fiscal plan was shattered by the earthquake that devastated western Colombia.
The $10 billion cost of the earthquake poses significant challenges to the government's austerity measures.
ColombiaAbelardo de la Espriella
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“Less than half an hour before the first market open of his presidency, Abelardo de la Espriella’s fiscal plan was shattered by the earthquake that devastated western Colombia.”
Bloomberg — Colombia’s $10 Billion Earthquake Bill Imperils Austerity Drive