King Mohammed VI of Morocco has announced a $11.6 million (120 billion dirhams) commitment to rebuild regions affected by the September 8 earthquake, according to reports.
In his announcement on Wednesday, the King outlined that these funds will aid over 4.2 million individuals impacted by the disaster. The royal palace revealed that the allocation will be utilized for “relocating affected citizens, reconstructing residences, and restoring infrastructure” during a five-year period.
The earthquake, measuring 6.8 on the Richter scale, resulted in the loss of over 2,900 lives and left more than 5,000 people injured. This seismic event marked the most powerful recorded in the North African nation in over six decades.
Morocco had previously received $700 million in international contributions to support its earthquake recovery efforts.
The High Atlas Mountains suffered significant damage, including the destruction of infrastructure and more than 50,000 homes.
To bridge the financial gap, Morocco intends to utilize resources provided by its government, international assistance, and ongoing donations to the earthquake recovery fund.
