NewzOn August 12, 2026, Colombian President Abelardo de la Espriella announced the creation of the Fondo Milagro to manage 624.600 million pesos designated for reconstruction following a magnitude 7.4 earthquake that struck the country two days prior and resulted in 335 deaths.
However, the fund has yet to commence operations, generating growing public and institutional questions regarding the deployment and management of the substantial financial resources allocated for the disaster relief efforts.
The delay in the fund's implementation highlights ongoing challenges in the government's post-disaster response as the nation grapples with the aftermath of one of its deadliest recent seismic events.
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