Petro’s first moves to restructure Colombia’s government
Petro and Duque meet over transition of power...
Colombia confronts former FARC chiefs with suffering kidnapping...
Colombia hears former guerrilla chiefs over mass kidnappings
Petro’s quest for a majority in Colombia’s Congress
Colombia’s ELN guerrillas reiterate call to resume peace...
Colombia begins transition of power after elections
The peaceful revolution of Colombia’s “nobodies”
Historic victory for Gustavo Petro in Colombia’s elections
Colombia’s election observers say voters received tainted ballots
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
News

Colombia may axe $3B rain damage budget request

by Newswires April 19, 2011

Colombia news - flood

Colombian President Juan Manuel Santos said on Monday the government may withdraw a request to Congress for $3.16 billion in additional 2011 budgetary resources to help pay for flood damage.

Latin America’s No. 5 economy has been seeking Congressional approval for extra budgetary resources of 5.7 trillion pesos to help pay for damage from floods that displaced 2.8 million people and killed almost 400.

“It’s possible we’ll withdraw it because right now it’s not necessary,” Santos told reporters. He gave no details on why the resources may not be needed nor where the money to pay for the damage would come from.

Bogota was forced to ask Congress for the extra money last month after the constitutional court struck down a presidential decree authorizing the additional amount.

Santos’ statement seems to contrast with earlier predictions by the finance minister that resources to pay for flood damage repairs were running out.

The government’s weather office sees the La Nina weather phenomenon lasting until June. Downpours due to La Nina have rocked the Andean nation and neighboring Venezuela since last year, causing billions of dollars in damage, destroying crops, washing away homes and killing livestock.

(Reuters)

floodsrainy season

Trending

  • Petro’s quest for a majority in Colombia’s Congress

  • The peaceful revolution of Colombia’s “nobodies”

  • Colombia hears former guerrilla chiefs over mass kidnappings

Related articles

  • Landslides virtually disconnect one third of Colombia from rest of civilization

  • Rainy season triggers elevated alerts in more than half of Colombia

  • West Colombia suffers while Duque is busy with Venezuela

  • RSS

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top