The King of Morocco, Mohammed VI, has decided to allocate 120 billion dirhams (equivalent to $11. 6 billion or £9. 4 billion) to reconstruct the areas that were devastated by the earthquake on September 8th.
The money will also be used to help more than 4. 2 million people in the provinces most affected by the earthquake.
The palace announced on Wednesday that the money will be used to help people find new homes, build houses again, and fix damaged infrastructure over the next five years.
The big earthquake in Morocco, which was the strongest in over 60 years, caused the death of over 2,900 people and injured more than 5,000 others.
The earthquake also broke infrastructure and ruined over 50,000 houses in the High Atlas Mountains.
Morocco has gotten $700 million in donations to assist with its efforts to recover from the earthquake.
The country will use money given by the Moroccan government, help from other countries, and ongoing donations to the earthquake recovery fund to fix the borrowing they owe.
Date: