Anif's weekly report warned that Colombia's 2027 fiscal deficit is projected at 9.4% of GDP and the primary deficit at 4.5%, requiring a fiscal adjustment law of about $45 trillion. ^[1] The Colombian government announced a fiscal adjustment law aiming to reduce the 2027 primary deficit by 2.2 points of GDP, about $45 trillion, which could lower the total deficit from 9.4% to 7.2% of GDP and the primary deficit from 4.5% to 2.3%. ^[2] A study conducted by ANIF reports that there are only 1.6 million homes in Colombia that have insurance coverage. ^[3] Colombia's current revenues were reduced by $10.7 trillion and $30.2 trillion in tax revenues were excluded because a financing law was not passed by Congress. ^[4] The central government's financing needs nearly double from $130 trillion to $266 trillion, an increase of about $135 trillion. ^[5] According to the same study, before a recent earthquake, more than 480,000 properties in the regions of Valle del Cauca, Chocó, Risaralda, Quindío, and Caldas were insured against earthquakes. ^[6] The data suggests that earthquake insurance coverage in the affected regions of Colombia was limited to approximately 480,000 homes prior to the seismic event. ^[7]