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
-
Rodrygo inspires Real Madrid to victory over Granada
38 mins -
Saka and Odegaard score as Arsenal beat Wolves
41 mins -
‘Very unlucky situation’ – Nigerian defender Kevin Akpoguma on Kasim Adams’ lack of minutes at Hoffenheim
2 hours -
Fixing economy is only a necessary condition; not sufficient to implement 24-hour policy – Alan
2 hours -
‘He has unstable past situations’ – Hoffenheim coach on Kasim Adams’ zero minutes this season
2 hours -
Kojo Frempong emerges victorious in NPP parliamentary elections in Wenchi
2 hours -
Constantly being labeled as comedian is challenging – Foster Romanus
3 hours -
IEA got it all wrong – Ayisi clarifies lithium contract
4 hours -
NPP orphan primaries: Akosua Manu wins Adenta constituency; Okraku Mantey loses Ayensuano; Bannerman loses Odododiodio
4 hours -
It is time we step back and re-evaluate TOR – Kofi Abotsi
4 hours -
NPP parliamentary primaries: Sammi Awuku goes unopposed in Akuapem North
4 hours -
4 books to read this Christmas if you’re sick of romance
4 hours -
Eugene Arhin wins Awutu Senya West NPP primaries
6 hours -
NPP orphan primaries: Deputy Director of Communications at Presidency wins in Ablekuma Central
6 hours -
First Regional Rehabilitation Meeting for Africa: Advancing Rehabilitation and Assistive Technology in the Africa Region
6 hours