HomeDisasters / AccidentsWorld Bank says it disbursed $200 million to Colombia for quake response

World Bank says it disbursed $200 million to Colombia for quake response

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WASHINGTON, Aug ‌14 (Reuters) - The World Bank on Friday ​said it had disbursed $200 million to Colombia for ⁠its emergency response to a deadly August 10 earthquake that left hundreds dead.

The multilateral ​development bank said it was working with the ‌Colombian government and development partners, financial institutions and the private sector to address immediate needs, ⁠while laying the foundations for recovery.

The ⁠bank said it had also launched a Global Rapid Assessment of Damages from Earthquakes (GRADE) to provide the Colombian government with an ‌early assessment of damages and economic losses ⁠to help Bogota prioritize ‌aid and reconstruction efforts.

Efforts were ​underway to channel financing to affected communities and businesses, including support for public health, ‌housing, and small and medium-sized ​enterprises, the bank ⁠said.

The 7.4-magnitude quake struck shortly after ‌7:30 a.m. on ⁠Monday, toppling apartment blocks and damaging homes, schools and hospitals across western Colombia.

Authorities on Friday ​said that 285 ‌people had been killed and nearly 4,000 injured. ⁠Nearly 400 others ​were still missing.

(Reporting by Andrea Shalal. Editing ​by Mark Potter)

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