A report on Treasury special accounts accompanying Morocco’s 2027 Finance Bill shows that the earthquake recovery fund spent MAD 23.19 billion between 2023 and 2025, supporting affected households and reconstruction efforts following the Al Haouz earthquake.
Earthquake fund resources and spending
The earthquake fund received MAD 19.70 billion and spent MAD 2.38 billion in 2023. Resources rose to MAD 20.71 billion in 2024, while spending increased to MAD 8.62 billion.
In 2025, resources fell to MAD 12.18 billion and spending to MAD 6.04 billion.
As of September 15, 2026, the state had transferred around MAD 8.108 billion to the National Pension and Insurance Fund, which manages and distributes direct assistance to earthquake victims.
The earthquake fund had also allocated MAD 6.42 billion to emergency operations carried out by the relevant ministries and MAD 4.30 billion to building, equipping, and stocking regional platforms for essential goods.
Meanwhile, funding for the High Atlas Development Agency’s 2025–2026 action plan reached around MAD 928.60 million by September 15, 2026.
Assistance to households and reconstruction projects
As of August 31, 2026, 63,135 households had received monthly emergency assistance of MAD 2,500, worth MAD 2.53 billion in total.
The report added that 5,741 households had received reconstruction grants of MAD 140,000 each, totaling MAD 765.46 million, paid in four installments.
Another 52,256 households had received building rehabilitation grants of MAD 80,000 each, totaling MAD 4.01 billion, also paid in four installments.
The report also noted that 326 households in Marrakech’s old medina had received a one-time payment of MAD 80,000 as of August 31, 2026.
The assistance was for households affected by the earthquake that did not own their homes and were not eligible for the program for buildings at risk of collapse and agreed to vacate the homes they occupied.
As to the National Pension and Insurance Fund, the report said that it had invoiced the state for MAD 10.96 million in management fees as of September 15, 2026.
Beyond household assistance, the earthquake fund financed emergency work carried out by the relevant ministries, including repairing roads and water networks, rebuilding historic sites, clearing rubble from damaged public and school buildings, and rebuilding schools and priority health centers.
The report emphasized that most of these operations are nearing completion. It added that funding for regional platforms to store essential goods is also being released as construction and other work progresses.
What remains for 2027?
In 2027, the government plans to complete emergency measures to rebuild and rehabilitate infrastructure damaged by the Al Haouz earthquake.
The work will include upgrading a 64-kilometer section of National Road No. 7, supporting traders whose shops were damaged by the quake, and completing the rehabilitation of damaged religious buildings and endowment properties.
The government will also fund the High Atlas Development Agency’s post-earthquake reconstruction projects and complete work on regional platforms for storing essential goods.
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