Current:Home > StocksMorocco begins providing cash to families whose homes were destroyed by earthquake -TradeGrid
Morocco begins providing cash to families whose homes were destroyed by earthquake
View
Date:2025-04-15 20:19:38
MARRAKECH, Morocco (AP) — Moroccan authorities on Friday will begin providing money to families whose homes were destroyed in an earthquake last month that took nearly 3,000 lives and will require an estimated $11.7 billion in reconstruction funds over the next five years.
After a commission tasked by King Mohammed VI to oversee recovery efforts met earlier this week, the government said an initial monthly payment of 2,500 Moroccan dirhams ($242) will be disbursed starting Oct. 6.
The Sept. 8 earthquake wreaked havoc on rural regions south of Marrakech, where mountain roads remain unpaved and the economy relies on herding and small-scale agriculture. As autumn nights get cooler, many are sleeping outside in donated tents with the daunting task of rebuilding before them.
The payments are among several forms of relief that Morocco plans to provide residents displaced by the earthquake. It will provide temporary rehousing assistance and up to 140,000 dirhams ($13,600) to rebuild destroyed homes. It also plans to rebuild about 1,000 schools and 42 health centers.
The Royal Cabinet said on Sept. 14 that the payments would go to 50,000 households in the affected region. Roughly 4.2 million people live in Marrakech and the five provinces hardest hit by the quake.
Morocco has also pledged to upgrade and widen roads and offer additional assistance to farmers and herders and subsidize barley and animal feed in hard-hit areas.
The earthquake damaged landmarks throughout the region, which is dominated by Morocco’s Amazigh-speaking minority.
Morocco created a special disaster relief fund three days after the earthquake. It is open to state funds and donations from within and outside Morocco, including from governments and aid groups. Additionally, the International Monetary Fund, which is scheduled to convene for its annual meetings next week in Marrakech, approved a $1.3 billion loan to help Morocco bolster its resilience to natural disasters.
veryGood! (837)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Israeli woman learned of grandmother's killing on Facebook – after militant uploaded a video of her body
- Kansas basketball coach Bill Self won't face additional penalties from infractions case
- Miley Cyrus and Boyfriend Maxx Morando Enjoy Rare Public Night Out at His L.A. Concert
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- ACT test scores decline for sixth straight year, which officials say indicates U.S. students aren't ready for college work
- Fish and Wildlife Service to Consider Restoring Manatee’s Endangered Status
- Josh Duggar to Remain in Prison Until 2032 After Appeal in Child Pornography Case Gets Rejected
- South Korean president's party divided over defiant martial law speech
- The US is moving quickly to boost Israel’s military. A look at what assistance it is providing
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Taylor Swift 'Eras' movie review: Concert film a thrilling revisit of her live spectacle
- D-backs slug 4 homers in record-setting barrage, sweep Dodgers with 4-2 win in Game 3 of NLDS
- A Japanese court rules it’s unconstitutional to require surgery for a change of gender on documents
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Malaysia questions Goldman Sachs lawsuit over 1MDB settlement, saying it’s premature
- She's 91 and still playing basketball. Here's this granny's advice for LeBron James
- Black student suspended over hairstyle will be sent to disciplinary education program
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Contract talks between Hollywood studios and actors break down again
Musk’s X has taken down hundreds of Hamas-linked accounts, CEO says
Adele's Boyfriend Rich Paul Has the Perfect Advice for Travis Kelce Amid Rumored Taylor Swift Romance
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Argentina World Cup qualifier vs. Paraguay: Live stream and TV info, Lionel Messi status
No. 1 pick Connor Bedard scores first career goal in slick play vs. Boston Bruins
CIA publicly acknowledges 1953 coup it backed in Iran was undemocratic as it revisits ‘Argo’ rescue