
Audio By Carbonatix
Morocco’s King Mohammed VI has said that the country will spend 120 billion dirhams ($11.6bn; £9.4bn) to rebuild the regions destroyed by the 8 September earthquake.
The funds will also be used to support the more than 4.2 million people in the provinces most impacted by the earthquake.
The palace said on Wednesday said that the funds would be used to "rehouse affected people, reconstruct homes and restore infrastructure" over a five-year period.
The 6.8-magnitude earthquake, the strongest to hit Morocco in more than 60 years, killed more than 2,900 people and injured over 5,000 others.
The earthquake also destroyed infrastructure and more than 50,000 homes in the High Atlas Mountains.
So far, Morocco has received $700m in donations to help with its earthquake recovery plan.
The country plans to make up the deficit using funds allocated by the Moroccan government, international aid and continued donations to the earthquake recovery fund.
Latest Stories
-
Meet us halfway – Trade Minister tasks private sector with AfCFTA success
2 hours -
After more than 14 years at Atletico Madrid, what next for Simeone?
2 hours -
Conquering the World – Building on the foundations laid by Otto Addo
3 hours -
[Watch Live] Kwaw Kese, Kwami Eugene, Tinny, Keche and others thrill fans at Gomoa Easter Carnival
3 hours -
Gomoa Easter Carnival: Experts charge indigenes to own festival to ensure sustainability
4 hours -
Gomoa Easter Carnival: Edem Agbana and Joy Prime fans shower festival with huge endorsements
5 hours -
Gathering of Royals 2026: Empowering women, boosting tomato production
6 hours -
Gov’t to overhaul free zones into manufacturing hubs for local production – Trade Minister
6 hours -
Ghana losing $2.5bn yearly from raw exports – Trade Minister reveals
6 hours -
Mahama unveils plans for Kwahu Airport, Convention Centre
6 hours -
World’s oldest leader, Paul Biya to get a deputy for first time in 43-year rule
7 hours -
Search for missing US airman continues as Trump threatens ‘hell’ if Iran does not reach deal
7 hours -
US says it has arrested relatives of late Iranian general Qasem Soleimani
7 hours -
La Liga: Real Madrid’s title hopes hang in the balance as Mallorca snatch stoppage-time winner
7 hours -
FA Cup: Haaland hat-trick powers Man City past Liverpool into semi-finals
7 hours
