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Page 2 - Morocco

IMF's focus has to be macroeconomic surveillance, policy guidance: FM

Finance and central bank deputies meeting to start discussions on key agenda

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Updated On : 11 Oct 2023 | 11:15 PM IST

Morocco welcomes annual meeting of IMF, WB a month after its deadly quake

Less than a two-hour drive from where families sleep in tents and earthquake rubble remain in piles, the world's most powerful financial institutions are gathering for a week of discussions on economic challenges during times of war, inequality and climate change. The International Monetary Fund and World Bank decided in 2018 to host their annual meeting in Marrakech, Morocco, bringing the affair to the African continent for the first time in 50 years. Their original timeline was delayed by the pandemic, but the meeting beginning Monday arrives at an apropos time. After a devastating earthquake last month killed nearly 3,000 and wreaked USD 11.7 billion in damages, both officials and civil society groups are eagerly anticipating discussions about how to promote economic resiliency in light of natural disaster. In no other area is the need for international cooperation as evident as in addressing the existential threat of climate change. The world has a responsibility to stand with

Morocco welcomes annual meeting of IMF, WB a month after its deadly quake
Updated On : 09 Oct 2023 | 11:45 AM IST

Morocco giving cash to families whose homes were destroyed by earthquake

Moroccan authorities on Friday will begin providing money to families whose homes were destroyed in an earthquake last month that took nearly 3,000 lives and will require an estimated USD 11.7 billion in reconstruction funds over the next five years. After a commission tasked by King Mohammed VI to oversee recovery efforts met earlier this week, the government said an initial monthly payment of 2,500 Moroccan dirhams (USD 242) will be disbursed starting October 6. The September 8 earthquake wreaked havoc on rural regions south of Marrakech, where mountain roads remain unpaved and the economy relies on herding and small-scale agriculture. As autumn nights get cooler, many are sleeping outside in donated tents with the daunting task of rebuilding before them. The payments are among several forms of relief that Morocco plans to provide residents displaced by the earthquake. It will provide temporary rehousing assistance and up to 140,000 dirhams (USD 13,600) to rebuild destroyed homes

Morocco giving cash to families whose homes were destroyed by earthquake
Updated On : 06 Oct 2023 | 2:59 PM IST

Earthquake-struck Morocco to spend nearly $12 billion on recovery

Funding for the reconstruction will come from the government budget, local authorities, donations, international aid and a special fund for the management of earthquake's effects

Earthquake-struck Morocco to spend nearly $12 billion on recovery
Updated On : 21 Sep 2023 | 9:07 AM IST

Moroccan quake survivors struggle even as response appears to scale up

The 6.8 magnitude quake that struck the High Atlas Mountains late on Friday killed at least 2,901 people and injured 5,530, according to the latest official figures

Moroccan quake survivors struggle even as response appears to scale up
Updated On : 13 Sep 2023 | 11:41 PM IST

LIVE: Centre releases agenda of Parliament's special session from Monday

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LIVE: Centre releases agenda of Parliament's special session from Monday
Updated On : 13 Sep 2023 | 10:41 PM IST

Rescue teams frustrated that Morocco did not accept more international help

The text-message alert came in the middle of the night: A massive earthquake had hit Morocco. French volunteers scrambled to pull together a nine-person search-and-rescue team, listening devices and other gear to look for people buried under rubble. The only thing the French aid workers didn't have was a green light from Morocco to hop on a flight, which could have landed them in the North African country's disaster zone little more than 24 hours after the September 8 quake that killed more than 2,900 people and injured at least 5,530 others in flattened villages and townhouses. The green light never came, said Arnaud Fraisse, the team's coordinator and founder of aid group Rescuers Without Borders. All of our team members who train regularly year-round for this type of thing are miserable that they couldn't leave and put their skills to use. Aid groups in Europe are frustrated that Morocco did not throw open its doors to outside assistance as Turkey did for a devastating quake in .

Rescue teams frustrated that Morocco did not accept more international help
Updated On : 13 Sep 2023 | 7:45 AM IST

LIVE updates: PM Modi holds meeting after G20 summit with his staff

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LIVE updates: PM Modi holds meeting after G20 summit with his staff
Updated On : 12 Sep 2023 | 11:35 PM IST

Morocco earthquake death toll crosses 2,800, rescue operation underway

The traditional mud brick buildings that were common in the area, according to rescuers, limited the odds of locating survivors because they had disintegrated

Morocco earthquake death toll crosses 2,800, rescue operation underway
Updated On : 12 Sep 2023 | 8:32 AM IST

Dalai Lama condoles loss of lives in quake-hit Morocco, offers assistance

Tibetan spiritual leader the Dalai Lama has written to Moroccan Prime Minister Aziz Akhannouch expressing grief at the loss of lives caused by an earthquake in the country. In his letter, the Dalai Lama said he has asked the Gaden Phodrang Foundation of the Dalai Lama to make a donation towards the rescue and relief efforts in Morocco. "I offer my condolences to Your Excellency, the families of those who have lost loved ones and pray for all those affected by this great tragedy. I am aware that your government is doing everything it can to provide support to help the rescue and relief efforts in the quake zones," he said. "It is also heartening that the international community is sending aid following the earthquake. As a token of my solidarity with the people of Morocco affected by this tragedy, I have asked the Gaden Phodrang Foundation of the Dalai Lama to make a donation towards the rescue and relief efforts," he added. A powerful earthquake struck Morocco on September 8 killin

Dalai Lama condoles loss of lives in quake-hit Morocco, offers assistance
Updated On : 11 Sep 2023 | 12:47 PM IST

Here's what to know about Morocco earthquake and the efforts to help

An earthquake has sown destruction and devastation in Morocco, where death and injury counts continue to rise as rescue crews dig out people both alive and dead in villages that were reduced to rubble. Law enforcement and aid workers both Moroccan and international have arrived in the region south of Marrakech that was hardest hit by the magnitude-6.8 tremor Friday night and several aftershocks. Residents await food, water and electricity, and giant boulders now block steep mountain roads. Here's what you need to know: WHAT ARE THE AREAS MOST AFFECTED The epicenter was high in the Atlas Mountains about 70 kilometers (44 miles) south of Marrakech in Al Haouz province. The region is largely rural, made up of red-rock mountains, picturesque gorges and glistening streams and lakes. For residents like Hamid Idsalah, a 72-year-old mountain guide from the Ouargane Valley, it is unclear what the future holds. Idsalah relies on Moroccan and foreign tourists who visit the region due to

Here's what to know about Morocco earthquake and the efforts to help
Updated On : 11 Sep 2023 | 11:16 AM IST

Rescuers search for survivors after Morocco quake claims over 2000 lives

Nearly every building in the mountain village of Tafeghaghte, which is 60 kilometres (37 miles) from Marrakesh, has been destroyed due to the quake

Rescuers search for survivors after Morocco quake claims over 2000 lives
Updated On : 11 Sep 2023 | 6:55 AM IST

No report of any Indian national getting affected in Morocco earthquake

There is no report till now of any Indian national getting affected due to the earthquake in Morocco that has killed over 2,000 people, the Embassy of India here has said, advising all its citizens in the country to stay calm and adhere to guidelines issued by the local authorities. The powerful 6.8 magnitude earthquake shook Morocco late on Friday. The Interior Ministry of Morocco said late Saturday that 2,012 people were killed in the temblor. At least 2,059 people were injured, including 1,404 critically. The Embassy of India in Rabat issued an advisory on Saturday in the aftermath of the quake and said it was in touch with the community members. "Till now, there is no report of any Indian national getting affected due to the earthquake," the mission said. It urged all Indian nationals currently in Morocco to stay calm and adhere to the advisory/guidelines issued by the local authorities from time to time. "The Embassy of India in Rabat would like to advise all Indian citizens

No report of any Indian national getting affected in Morocco earthquake
Updated On : 10 Sep 2023 | 12:33 PM IST

Morocco quake kills over 2K; here are the deadliest earthquakes in history

The epicentre of the quake was high in the Atlas Mountains, around 70 kilometres away from Marrakech

Morocco quake kills over 2K; here are the deadliest earthquakes in history
Updated On : 10 Sep 2023 | 6:32 AM IST

Morocco earthquake kills over 2,000; nation declares three-day mourning

A powerful earthquake struck Morocco late Friday, damaging buildings in major cities and sending panicked people pouring into streets and alleyways from Rabat to Marrakech. There was no immediate word on any casualties. The US Geological Survey said the quake had a preliminary magnitude of 6.8 when it hit at 11:11 pm Morocco's National Seismic Monitoring and Alert Network measured it at 7 on the Richter scale. Variations in early measurements are common, although either reading would be Morocco's strongest since 1960, when a magnitude 5.8 earthquake struck near Agadir and caused thousands of deaths. The epicentre of Friday's tremor was high in the Atlas Mountains south of Marrakech and west of Oukaimeden, a popular Moroccan ski resort. It was also near Toubkal, the highest peak in North Africa. Moroccans posted videos showing some buildings turned to rubble. Tourists and others posted videos of people evacuating restaurants in Marrakech as throbbing club music played.

Morocco earthquake kills over 2,000; nation declares three-day mourning
Updated On : 10 Sep 2023 | 6:23 AM IST

Morocco Earthquake: Death toll past 1,000; what we know so far

The earthquake struck central Morocco, killing more than 1,000 people, with more than 1,200 injured. Watch the video for latest updates

Icon YoutubeMorocco Earthquake: Death toll past 1,000; what we know so far
Updated On : 09 Sep 2023 | 11:31 PM IST

LIVE: Eiffel Tower lights to go dark in tribute to Morocco quake victims

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LIVE: Eiffel Tower lights to go dark in tribute to Morocco quake victims
Updated On : 09 Sep 2023 | 11:28 PM IST

PM Modi welcomes African Union as permanent G20 member in opening remarks

G20 Summit begins with Prime Minister Narendra Modi's welcome remarks.

PM Modi welcomes African Union as permanent G20 member in opening remarks
Updated On : 09 Sep 2023 | 1:36 PM IST

G20 Summit 2023: PM Modi opens the meeting with 'Bharat' nameplate

During PM Modi's opening remarks at the G20 Summit, the country's nameplate read 'Bharat' instead of the traditional 'India'

G20 Summit 2023: PM Modi opens the meeting with 'Bharat' nameplate
Updated On : 09 Sep 2023 | 12:19 PM IST

India ready to offer all possible assistance to quake-hit Morocco: PM Modi

Prime Minister Narendra Modi on Saturday expressed grief at the loss of lives in an earthquake in Morocco and said India is ready to offer all possible assistance to it in this difficult time. A powerful earthquake that struck Morocco late Friday killed at least 296 people, the country's Interior Ministry said. Moroccans posted videos showing buildings reduced to rubble and dust and parts of the famous red walls that surround the old city in historic Marrakech, a UNESCO World Heritage site, damaged. Modi said on X, "Extremely pained by the loss of lives due to an earthquake in Morocco. In this tragic hour, my thoughts are with the people of Morocco. Condolences to those who have lost their loved ones. May the injured recover at the earliest. India is ready to offer all possible assistance to Morocco in this difficult time.

India ready to offer all possible assistance to quake-hit Morocco: PM Modi
Updated On : 09 Sep 2023 | 9:16 AM IST