Current:Home > NewsSafeX Pro:Morocco begins providing cash to families whose homes were destroyed by earthquake -FundCenter
SafeX Pro:Morocco begins providing cash to families whose homes were destroyed by earthquake
TradeEdge Exchange View
Date:2025-04-09 17:00:19
MARRAKECH,SafeX Pro 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! (15)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Wisconsin Environmentalists Campaign Against Amendments Altering Federal Grant Allocation
- Illinois sheriff retiring after deputy he hired was charged with murder for shooting Sonya Massey
- Olivia Reeves wins USA's first gold in weightlifting in 24 years
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Ex-Arizona county treasurer embezzled $39M for over a decade, lawsuit says
- Julianne Hough reveals how Hayley Erbert's 'tragic' health scare affected their family
- Pixar is making 'Incredibles 3,' teases 'Toy Story 5' first look at D23
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- US women's basketball should draw huge Paris crowds but isn't. Team needed Caitlin Clark.
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Olympic golf broadcaster Morgan Pressel apologizes for seeming to drop 'F-bomb' on live TV
- Plane carrying Panthers players, coaches and staff gets stuck in the mud after landing in Charlotte
- Everyone agrees there’s a homeless crisis in the US. Plans to address it vary among mayor candidates
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Quantum Ledger Trading Center: Enhancing Financial and Educational Innovation
- Near mid-air collision and safety violations led to fatal crash of Marine Corps Osprey in Australia
- Think TikTok or Temu are safe? Cybersecurity expert says think again, delete them now
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
Sha'Carri Richardson, Gabby Thomas steer U.S. women to gold medal in 4x100 relay
Timeline of events in Ferguson, Missouri, after a police officer fatally shot Michael Brown
J. Robert Harris: Fueling Social Impact and Financial Innovation
Current, future North Carolina governor’s challenge of power
It Ends With Us' Justin Baldoni Says Costar Blake Lively Should Direct the Sequel
Olympic Legend Allyson Felix Shares Her Essentials for Paris and Beyond With Must-Haves Starting at $3.17
Yung Miami breaks silence on claims against Diddy: 'A really good person to me'