{"id":6355,"date":"2023-09-21T14:24:07","date_gmt":"2023-09-21T14:24:07","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/morocco-to-spend-11-7b-on-five-year-post-quake-recovery-plan-the-express-tribune\/"},"modified":"2023-09-21T14:24:07","modified_gmt":"2023-09-21T14:24:07","slug":"morocco-to-spend-11-7b-on-five-year-post-quake-recovery-plan-the-express-tribune","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/morocco-to-spend-11-7b-on-five-year-post-quake-recovery-plan-the-express-tribune\/","title":{"rendered":"Morocco to spend $11.7b on five-year post-quake recovery plan | The Express Tribune"},"content":{"rendered":"
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\nRABAT:
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Morocco plans to spend at least 120 billion dirhams ($11.7 billion) in a post-earthquake reconstruction plan over the next five years, the royal palace said on Wednesday.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

Read also:\u00a0UN says quake-hit Morocco could demand assistance ‘today or tomorrow<\/a><\/strong><\/p>\n

The quake-stricken areas are among Morocco’s poorest, with many remote villages lacking proper roads and public services.<\/p>\n

The royal palace said the plan would be funded by the government’s budget, international aid and by a fund set up in response to the quake.<\/p>\n

The fund has so far received some $700 million in donations.<\/p>\n

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.<\/p>\n<\/div>\n