Colombian President Abelardo De La Espriella announced Monday that the economic damage from last week's earthquake is likely to exceed $9.5 billion (over 8 billion euros). This figure is preliminary and subject to change as assessments continue. The earthquake caused significant destruction across the country, impacting infrastructure and the economy. While a full evaluation is still underway, the initial estimate paints a stark picture of the disaster's cost. Authorities are working to determine the full extent of the damage and coordinate relief efforts. The sizeable financial impact will likely require substantial national and international support for recovery. Further updates regarding the damage assessment will follow as more information becomes available.