Morocco sets aside nearly $12 billion for earthquake recovery

Morocco's government announced a budget of almost $12 billion for reconstruction, rehousing and socio-economic development of areas hit by the devastating earthquake.
1 min read
20 September, 2023
The earthquake razed thousands of homes in central Morocco, including the High Atlas mountain range [Javier Segovia/NurPhoto via Getty]

Quake-hit Morocco's government announced Wednesday a budget of more than $11 billion for reconstruction, rehousing and socio-economic development of areas hit by the deadly disaster.

The 6.8-magnitude earthquake hit Al-Haouz province south of Marrakesh on 8 September, killing nearly 3,000 people and injuring thousands more.

The government said in a statement it was setting aside 120 billion dirhams ($11.7 billion) to help 4.2 million inhabitants affected by the quake over a period of five years.

The funds would be used to "rehouse affected people, reconstruct homes and restore infrastructure", said the statement published at the end of a meeting chaired by King Mohammed VI.

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The earthquake razed thousands of homes in central Morocco, including the High Atlas mountain range, forcing families to sleep out in the open with winter around the corner.