IBOV 178,233.52 ▲ 1.46% IPSA 11,431.88 ▼ 0.12% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,999,080 ▲ 0.66% COLCAP 2,467.23 ▲ 0.38% BVL PERÚ 59,928.30 ▼ 0.14% USD/BRL5.18▼ 0.27% USD/MXN17.03▼ 0.05% USD/CLP933.47▲ 0.21% USD/COP3,219▲ 0.59% USD/PEN3.36▲ 0.32% USD/ARS1,510▼ 0.21% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.84▲ 0.51% USD/DOP58.64▲ 0.05% USD/CRC446.47▼ 0.04% USD/GTQ7.62▼ 0.02% USD/HNL26.84— 0.00% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.02▼ 0.17% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 178,233.52 ▲ 1.46% IPSA 11,431.88 ▼ 0.12% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,999,080 ▲ 0.66% COLCAP 2,467.23 ▲ 0.38% BVL PERÚ 59,928.30 ▼ 0.14% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, August 31, 2026

Colombia Politics

Colombia National Address Adds Elderly Payments, Utility Relief and a Public Apology

By · August 31, 2026 · 6 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

COLOMBIA · POLITICS

Key Facts

What happened: President Abelardo De La Espriella used a Colombia national address on Monday to widen the earthquake response beyond rebuilding.

How big: A seventh Colombia Mayor payment cycle will reach almost three million elderly Colombians in the coming weeks.

The utility break: Quake victims may suspend electricity, water and gas services for up to six months, with no reconnection fees.

The catch: Colombia Mayor entered the address fighting a reported budget hole of COP 3.2 trillion (about US$1.01 billion).

The apology: De La Espriella also apologised for the religious acts at his 7 August inauguration, complying with a court ruling.

What comes next: The reconstruction money is still not settled, and Congress is arguing over which taxes will pay for it.

President Abelardo De La Espriella used a Colombia national address on Monday to pair the post-earthquake reconstruction plan with a seventh pension-subsidy payment, a six-month break on utility bills for victims, and a court-ordered apology for his inauguration.

Casa de Nariño, the Colombian presidential palace in Bogotá
The Casa de Nariño in Bogotá, from where President De La Espriella delivered Monday’s national address. (Photo: Wikimedia Commons, CC BY-SA 4.0)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

What the Colombia national address actually added

The address, broadcast on Monday evening, formally presented the national reconstruction plan three weeks after the magnitude 7.4 earthquake of 10 August. The mechanics of the rebuilding itself, from housing pilots to plot-by-plot assessment, are set out in our earlier report and are not repeated here.

What was new in the Colombia national address was the social wrapper around the reconstruction. The president announced a seventh payment cycle of Colombia Mayor, the state subsidy for the elderly poor, which he said would reach almost three million people.

He also gave quake victims the right to suspend home utility services for up to six months, with no reconnection charges when service resumes. And he closed the broadcast with something rarer in Colombian politics: a public apology.

A seventh payment cycle for nearly three million seniors

Colombia Mayor is a monthly cash payment for older Colombians who have no pension and little income. It is one of the country’s largest social programmes, and the new cycle will reach almost three million beneficiaries, the president said.

The timing is politically loaded. The programme entered August under fire over a reported budget shortfall of COP 3.2 trillion (about US$1.01 billion), covering five unpaid monthly cycles through December, as we reported last week.

Announcing a seventh cycle from the presidential podium is, in effect, a promise that the money will be found. The address did not say which budget line will pay for it.

For elderly residents of the quake zone, the payment now doubles as disaster relief. Many have lost homes, and the subsidy may be the only regular income they have left.

Six months without electricity, water or gas bills

For households hit by the earthquake, the address added one concrete relief measure. Victims may ask to suspend their utility services, meaning electricity, water and gas, for up to six months.

When service resumes, providers may not charge reconnection fees. That matters most in the western departments where the damage is concentrated: Valle del Cauca, Risaralda, Caldas and Chocó.

For a family whose home is being assessed or rebuilt, the measure removes a monthly bill that often arrives whether or not anyone is living in the house. It also shifts part of the cost of the disaster onto the utility companies, at least temporarily.

An apology, ordered by a court

The most personal passage of the Colombia national address was its ending. De La Espriella apologised publicly for the religious acts that marked his inauguration on 7 August in Popayán, in the department of Cauca.

That ceremony included Catholic rituals that drew immediate legal challenges. Colombia is a secular state, and a court ruled that the religious content of the swearing-in had crossed the constitutional line.

The president said in the address that he was complying with the ruling by offering the apology. He did not renounce his faith; he apologised, in his own framing, for mixing private devotion into a public ceremony.

The distinction will sound fine to many listeners. It is, however, exactly the kind of line that Colombia’s courts have spent three decades policing between church and state.

Why the package matters beyond the disaster zone

For foreign residents and investors, the Colombia national address sketches the governing style of a president barely three weeks into office. The method is populist when spending is popular and legalist when the courts corner him.

The elderly payment and the utility break will be well received, and the apology costs him little with his base. Buying compliance with a court ruling is cheap insurance for a government that will need the courts on other fronts.

The open question is money. Reconstruction estimates started above US$9.5 billion, Colombia Mayor was already short before the earthquake, and the wealth-tax fight in Congress is unresolved.

What to watch from here

The first test is the decree implementing the utility suspension, which will define who qualifies as a quake victim and how companies absorb the lost revenue. The second is the payment calendar for the seventh Colombia Mayor cycle.

The third is whether the tax debate in Congress moves. A reconstruction plan, a pension promise and a utility holiday all land on the same treasury.

Frequently Asked Questions

What did the Colombia national address on 31 August announce?

President Abelardo De La Espriella presented the post-earthquake reconstruction plan and added a seventh Colombia Mayor payment cycle, a six-month utility suspension for quake victims and a public apology for religious acts at his inauguration.

What is Colombia Mayor?

Colombia Mayor is a monthly state subsidy for elderly Colombians who have no pension and little income. The new payment cycle will reach almost three million people.

Can earthquake victims stop paying utility bills in Colombia?

Yes. Victims may suspend electricity, water and gas services for up to six months, and providers may not charge reconnection fees when service resumes.

Why did Colombia’s president apologise in the address?

A court ruled that the religious acts at his 7 August inauguration in Popayán crossed the constitutional line for a secular state. De La Espriella said he was complying with the ruling by apologising publicly.

Connected Coverage

The reconstruction machinery announced earlier is in Colombia begins reconstruction as the Puracé volcano rumbles, the Colombia Mayor budget fight in Colombia Mayor budget fight puts three million elderly at risk, the new traffic rules in Colombia’s new traffic code: fines and speed cameras, and the inauguration setting in why the inauguration moved to Cauca.

Sources: President Abelardo De La Espriella’s national address of 31 August 2026; The Rio Times prior coverage linked above.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.