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Colombia Declares 30-Day Economic Emergency for Eight Northern Departments After Deadly Floods

A 30-day decree grants temporary lawmaking powers to accelerate relief financing.

Overview

  • The presidency issued Decree 150 covering Córdoba, Antioquia, La Guajira, Sucre, Bolívar, Cesar, Magdalena and Chocó, enabling decrees with the force of law for 30 days.
  • The Finance Ministry estimates recovery needs at about 8 trillion pesos and is preparing a temporary patrimony tax on large companies, expected to affect roughly 15,000 firms.
  • UNGRD reports at least 18 deaths and more than 69,000 families affected, with tallies varying across outlets as assessments continue in dozens of municipalities.
  • Relief operations are underway with more than 70 tons of aid already shipped from Bogotá and additional deliveries and Army-supported rescues in the worst-hit zones.
  • The move follows a December emergency now suspended by the Constitutional Court, prompting the government to issue a new, focused declaration for the flood response.