Morocco sets aside nearly $12 bn for quake recovery ...Saudi Arabia

RABAT: Quake-hit Morocco’s government announced on Wednesday a budget of more than $11 billion for reconstruction, rehousing and socio-economic development of areas hit by the deadly disaster. The 6.8-magnitude earthquake hit Al-Haouz province south of Marrakech on September 8, killing nearly 3,000 people and injuring thousands more. The government said in a statement it was setting aside 120 billion dirhams ($11.7 billion) to help 4.2 million inhabitants affected by the quake over a period of five years.

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