Colombian President Abelardo de la Espriella declared an economic state of emergency following a 7.4 magnitude earthquake in Colombia on Monday.
265
People died in the earthquake
At least 265 people died in the earthquake in Colombia, and 496 remain missing.
The declared state of emergency allows President de la Espriella to govern by decree.
A fund will be used to bundle national and international reconstruction aid in Colombia.
The earthquake in Colombia caused serious damage in several regions of the country.
The Colombian government is preparing emergency measures to assist those affected and address the economic impact of the earthquake.
