Chile's President, Sebastian Pinera estimated it will cost about $30 billion U.S. to rebuild damages caused by February's earthquake. Pinera told reporters on Friday he would use money from the national budget for the reconstruction effort. He also called on other governments to lend Chile international credits.
Chile was rocked by a destructive 8.8 magnitude earthquake on February 27. Since then, a number of aftershocks have hit the country, including one that happened just as Pinera was being sworn into office on Thursday.
Initially the U.S. Geological Survey, reported that aftershock at 7.2 magnitude. That was later downgraded to a 6.9 magnitude quake.
In Santiago, Thursday's quake shook buildings and sent people spilling into the streets. In the city of Constitucion, people ran to higher ground. Huge clouds of dust were also seen near buildings that were damaged from the previous quake.
For the latest updates on this story, make sure you tune into The Weather Network on television. Your newscast comes up at :12 and :42 past every hour.