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Colombia ends port strike with $500 in programs

Wednesday, June 7, 2017

Colombia’s government today agreed to invest more than $500 million in development programs over the next decade to put an end to a general strike in the port city of Buenaventura that had ground the largest municipality on the nation’s Pacific coast to a near standstill for the past 22 days.

The government will invest the money into programs meant to improve water services, sanitation, healthcare, education, housing, and other social initiatives. While local stakeholders in Buenaventura, who were protesting generally poor conditions and repeatedly unfulfilled funding pledges from policymakers in Bogotá, have agreed to halt their daily demonstrations, street blockades, and port disruptions.

Source: Finance Colombia