Morocco starts disbursing $250 monthly stipend to quake-hit families
RABAT, Morocco (AA) – Morocco on Friday began disbursing a monthly stipend of 2,500 dirhams, or $250 to families hit by last month’s deadly floods, villagers told Anadolu.
As many as 2.8 million people were affected by the magnitude 7 earthquake, which led to the destruction of thousands of villages and houses.
The damage was less severe in the city of Marrakesh, but in the High Atlas mountains where most of the quake’s 3,000 victims were killed, villagers are living in tents.
In a statement, the Moroccan Royal Court said direct financial assistance of 140,000 dirhams (about $14,000) will be granted for totally collapsed buildings, and 80,000 dirhams (some $8,000) for partially collapsed houses.
Last week, the International Monetary Fund approved a $1.32 billion, 18-month loan from its new Resilience and Sustainability Facility to help Morocco bolster its resilience to climate-related disasters.
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