Colombia has the highest rate of recurrent disasters due to natural phenomenon in Latin America with more than 600 disasters per year. The heavy rainfall during the 2010-11 La Niña season caused generalized losses across Colombia. Losses to the transport infrastructure sector totaled approximately US1.7 billion dollars, placing additional financial burden on the Government of Colombia. In 2012 the Ministry of Finance and Public Credit (MoF) requested...
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Colombia - Reduction in Fiscal Risk by Insuring 40 Billion Dollars Road Infrastructure under Concession (Spanish). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/224851614150967750