Colombia Pegs Early Losses From 7.4 Quake at $9.6 Billion
Preliminary Damage Estimate Reaches $9.6 Billion
Colombia's president has estimated preliminary economic losses from the Aug. 10 magnitude-7.4 earthquake at $9.6 billion. [3] The figure represents an early assessment of damage across affected regions. [2] President Abelardo de la Espriella stated that the estimate will be adjusted as more information becomes available and as assessments are completed in each impacted area. [2] The preliminary nature of the calculation means further revisions are expected once detailed evaluations conclude. [2]
Casualties and Missing Persons
The death toll from the earthquake stands at 280, with 143 people still missing one week after the event. [2] More than 4,000 people were injured in the disaster. [2] Hopes of finding additional survivors under rubble have dwindled as rescue efforts continue into the second week. [5] The confirmed fatalities and injuries reflect the widespread impact across western Colombia. [2]
Destruction in Western Colombia
The 7.4-magnitude quake struck western Colombia on Aug. 10 and destroyed numerous buildings in cities including Cali and Pereira. [2] Nearly 27,000 homes were destroyed, leaving many survivors in open-air camps with mattresses or makeshift beds. [5] The focus has shifted to a humanitarian crisis on the streets of Cali, Pereira and other quake-hit areas that have been transformed into open-air refugee camps. [5] A week after the disaster, the emphasis has moved from search operations to addressing immediate needs of those displaced. [5]
Political Fallout for New Housing Minister
Housing Minister Jaime Andres Beltran faces a no-confidence motion after photos showed him on a beach holiday in Santa Marta days after the disaster. [5] The left-wing opposition said it would bring the motion because the minister took leave at a critical time. [5] The minister responded on social media that he was not on holiday but merely sharing a few hours with his wife and children, whom he had not seen for days, and had immediately afterwards resumed work on post-quake reconstruction. [5] Over the weekend, photos and videos emerged of the minister relaxing on a beach in the Caribbean city of Santa Marta while recovery efforts were underway. [5]
President's Response and Criticism
President Abelardo de la Espriella, who took office three days before the quake, has toured the area and announced rent subsidies for families who lost their homes. [5] He also called on his ally, US President Donald Trump, to suspend tariffs on Colombian goods to boost the economy. [5] The president drew criticism on Sunday for handing out footballs marked "Sign for the homeland," his campaign slogan, from his armored vehicle on a visit to an area near the quake's epicenter. [5] His detractors accused the right-wing firebrand of using the disaster to promote his political brand and of trivializing the survivors' needs. [5] His supporters defended the gesture as bringing a little joy to quake victims. [5]
Context on Quake Strength
The 7.4-magnitude tremor was the most powerful in Colombia in nearly half a century and the strongest this century. [5] [2] The August 10 earthquake struck just three days after President Abelardo de la Espriella took office. [5] It remains the most powerful quake to hit the country this century according to official statements. [2]
What to watch next: Assessments of the economic losses will continue and may lead to revisions of the preliminary $9.6 billion figure as more data from affected regions is reviewed.




