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Colombia peace to cost $44 billion

Wednesday, October 8, 2014

Colombia must invest at least $44.4 billion to implement a peace deal with Marxist rebels to end a 50-year conflict, says a senator who backs the current peace talks.

The figure is the first estimate of the cost of a peace accord to end the conflict with the Revolutionary Armed Forces of Colombia, or FARC.

He said the money would be used to finance reintegration programs for former rebels, victim compensation, the return of displaced populations and land reform.

Source: Reuters