By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Morocco to spend $11.7 billion on five-year post-quake reconstruction plan
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > News > Morocco to spend $11.7 billion on five-year post-quake reconstruction plan
News

Morocco to spend $11.7 billion on five-year post-quake reconstruction plan

new5nuke
Last updated: September 21, 2023 7:47 am
new5nuke 2 years ago
Share
SHARE

Morocco plans to spend at least 120 billion dirhams (approximately Ksh.1.7 trillion) in a post-earthquake reconstruction plan over the next five years, the royal palace said on Wednesday.

A 6.8 magnitude earthquake struck on Sept 8, killing more than 2,900 people, mostly in the hard-to-reach villages of the High Atlas mountains.

The plan would target 4.2 million people in the worst-hit provinces of Al Haouz, Chichaoua, Taroudant, Marrakech, Ouarzazate and Azizlal, the royal palace said, following a meeting of King Mohammed VI with government and army officials.

The plan covers rehousing and the upgrade of infrastructure in a way that is conducive to social and economic development in the quake-hit areas, it said in the statement.

The quake-stricken areas are among Morocco’s poorest, with many remote villages lacking proper roads and public services.

The royal palace said the plan would be funded by the govenrment’s budget, international aid and by a fund set up in response to the quake.

The fund has so far received some $700 million in donations.

Last week, the palace said that 50,000 houses were known to have been damaged and that authorities would provide shelter and 30,000 dirhams ($3,000) to affected households.It also pledged to offer reconstruction aid of 140,000 dirhams for collapsed homes and 80,000 for damaged ones.

READ MORE  Bitcoin trades above $80,000; first time in history

You Might Also Like

Ruto will visit the coast while Gachagua travels to Laikipia.

Michael Jackson, Bruce Willis, Bill Clinton, Naomi Campbell, more amongst those mentioned in Jeffrey Epstein documents

EU Launches Red Sea Naval Mission To Protect Shipping From Houthi Attacks

CS Ababu Hands Sh5m Support To Kiptum’s Coach Family

Property Destroyed As Fire Breaks Out At Pumwani Maternity Hospital

Share This Article
Facebook Twitter Email Print
Previous Article DR Congo calls for swift withdrawal of UN peacekeepers
Next Article Rapper Tory Lanez’s new mugshot revealed after his transfer to state prison to begin serving his 10-year sentence
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • 🎙️ Xavi Hernandez: “I Sincerely Hope That Pedri, Lamine Yamal, and Raphinha Are Nominated for the Ballon d’Or This Year”
  • Kevin De Bruyne’s Next Move: Potential Destinations After Leaving Manchester City
  • Interior PS RAYMOND OMOLLO’s brother assaulted MP CHARLES WERE at Kisumu Airport as details emerge that the powerful PS is also being probed in connection with the murder
  • 100% English final in the Europa League: Manchester United will challenge Tottenham!
  • He had threatened him before murder – Details emerge as a senior Government official is arrested in connection with the murder of Kasipul MP CHARLES ONG’ONDO WERE

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?