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TunisiaThe EU stands by Morocco as it rebuilds following the September 2023 earthquake
The European Commission has adopted budget-support assistance amounting to EUR 177 million for the Kingdom of Morocco as backing for the ‘Integrated Programme for the reconstruction and comprehensive upgrade of the disaster areas (2024-2028)’, which was drawn up by the Moroccan authorities following the earthquake that struck on 8 September 2023.
Furthermore, in a joint effort between the EU and the European Investment Bank the latter has undertaken to lend EUR 1 billion over 5 years (an amount guaranteed by the EU) in order to assist Morocco in its post-earthquake reconstruction programme. The loan – which is currently under appraisal – may be used for rebuilding schools, roads and hospitals that incorporate sustainable, climate-resilient infrastructure.
The EU’s assistance will be implemented in the form of budget support and will underpin the following specific objectives:
- providing support for individuals affected by the earthquake, in particular through the provision of refurbished or reconstructed dwellings;
- helping to relaunch public services (health and education in particular) on the basis of functional infrastructure;
- helping to revive and boost economic activity and territorial cohesion in the areas affected by the earthquake.
Countries covered:
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Morocco
