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

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, Reuters reports. A 6.8 magnitude earthquake struck on 8 September, 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 re-housing 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. READ: China sends […] Source

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