Colombia President Unveils $40B Package to Rebuild Cali's Cuarto de Legua

Colombia's president announced measures to accelerate reconstruction of Cuarto de Legua, a neighborhood in Cali, backed by a Ministry of Commerce package exceeding $40 billion to restore Valle del Cauca's productive fabric. The scale and scope of the package remain unclear, and it is uncertain how funds will be allocated or disbursed. This signals a significant state investment in post-conflict or post-disaster recovery, potentially boosting local economic activity.