Morocco to redirect IMF-World Bank annual meetings equipment to quake-hit areas

Morocco will use the material deployed during the IMF-World Bank meetings to equip schools in the quake-stricken areas, finance ministry official and coordinator of the meeting’s logistics Mohamed Khamoudi said.

The event drew 12,000 participants in a covered area of some 23 hectares in Morocco’s tourist hub Marrakech.

The education ministry said it was already rebuilding collapsed schools in the devastating earthquake that struck central Morocco on Sept 8 leaving 3000 deaths.

Morocco’s resilience and swift response to the earthquake was commended during the IMF-World Bank event.

In total, Morocco plans to spend 12 billion dollars to rebuild the destroyed villages in the earthquake and upgrade infrastructure.