Skip to main content

Morocco earthquake reconstruction to test government’s speed of execution

The speed and depth of Morocco's $11.7 billion reconstruction following the massive earthquake last month will have a huge impact on the economy and budget over the coming years.

Survivors fill up water from a tanker truck in their earthquake-hit village of Ineghede on September 17, 2023. Over a week since a 6.8-magnitude quake devastated parts of central Morocco, many worry that the dire living conditions and poor hygiene spell new threats for the survivors. The disaster killed nearly 3,000 people and injured thousands more when it hit in Al-Haouz province. (Photo by FETHI BELAID / AFP) (Photo by FETHI BELAID/AFP via Getty Images)
To:

Al-Monitor Pro members

From:

Francisco Serrano

Journalist and analyst specialized in North Africa

Date:

Oct. 18, 2023

Bottom Line:

On the evening of Sep. 8, an earthquake measuring over 6.8 points on the Richter scale hit the province of Al Haouz near Marrakech. With reconstruction efforts projected to cost as much as 8% of the kingdom’s GDP, Morocco has announced an earthquake recovery plan budgeted at $11.7 billion to be spent over five years. However, it will be the speed and depth of reconstruction that will have an impact on the state of the economy and the budget over the coming years. Maintaining visitor numbers in the critical tourism hub of Marrakesh will help to maintain the broader economic impact of the quake to a minimum. But rebuilding housing and transport infrastructure will determine how the region moves forward. 

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

Access 1 free article per month when you sign up. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in