• Latest
  • Trending
Marrakech prepares to host IMF and World Bank a month after deadly quake reveals stark inequalities

Marrakech prepares to host IMF and World Bank a month after deadly quake reveals stark inequalities

October 5, 2023
The Money Summit 2026: Ghana’s credibility now depends on policy discipline - Mrs. Matilda Asante-Asiedu

The Money Summit 2026: Ghana’s credibility now depends on policy discipline – Mrs. Matilda Asante-Asiedu

June 2, 2026
The Money Summit 2026: BoG Deputy Governor urges vigilance to sustain economic stability

The Money Summit 2026: BoG Deputy Governor urges vigilance to sustain economic stability

June 2, 2026
The Money Summit 2026: Ghana must build trust, capital and stability for sustainable growth – B&FT CEO

The Money Summit 2026: Ghana must build trust, capital and stability for sustainable growth – B&FT CEO

June 2, 2026
The Money Summit 2026: Local investment key to sustaining Ghana’s economic stability – Dr. Godwin Acquaye

The Money Summit 2026: Local investment key to sustaining Ghana’s economic stability – Dr. Godwin Acquaye

June 2, 2026
Telecel Foundation bridges maternal health gap at Kasseh Health Centre in Ada

Telecel Foundation bridges maternal health gap at Kasseh Health Centre in Ada

June 2, 2026
Create open African market to accelerate connectivity – Telecel Business Director

Create open African market to accelerate connectivity – Telecel Business Director

June 2, 2026
Build inclusion into core of workplace culture – Telecel Ghana HR Director

Build inclusion into core of workplace culture – Telecel Ghana HR Director

June 2, 2026
Samsung Ghana Introduces 2026 Vision AI Mini LED TV for Ultimate Sports Viewing Experience

Samsung Ghana Introduces 2026 Vision AI Mini LED TV for Ultimate Sports Viewing Experience

June 2, 2026
6th World PR Day Festival Edition “Reimagining PR”

6th World PR Day Festival Edition “Reimagining PR”

June 2, 2026
Telecel CEO speaks on closing Africa’s gender gap in technology at Rwandan summit

Telecel CEO speaks on closing Africa’s gender gap in technology at Rwandan summit

June 2, 2026
Founder of Fidelity bank Edward Effah Calls for CEO-Government Compact to Drive Ghana’s Economic Transformation at Ghana CEO Summit 2026

Founder of Fidelity bank Edward Effah Calls for CEO-Government Compact to Drive Ghana’s Economic Transformation at Ghana CEO Summit 2026

June 2, 2026
NAS, Ho Municipal Hospital conduct emergency simulation exercise to boost preparedness

NAS, Ho Municipal Hospital conduct emergency simulation exercise to boost preparedness

June 2, 2026
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News International News

Marrakech prepares to host IMF and World Bank a month after deadly quake reveals stark inequalities

in International News, News
Marrakech prepares to host IMF and World Bank a month after deadly quake reveals stark inequalities

Marrakech prepares to host IMF and World Bank a month after deadly quake reveals stark inequalities

Share on FacebookShare on TwitterShare on Whatsapp

The forthcoming IMF and World Bank meetings are taking place in Marrakech, and as the world’s financial elites assemble there, a striking contrast between the city’s well-kept exterior and the desperate circumstances faced by earthquake victims an hour away becomes apparent.

Three thousand people were killed in last month’s catastrophic earthquake, which also left thousands of others homeless and penniless in the High Atlas highlands, where the destruction was most severe. These survivors are currently reliant on government assistance as they work to rebuild their destroyed lives while living in tents with limited access to necessities.

In Marrakech itself, close to the conference venue, extensive efforts have been made to restore the city to its former glory. The old city wall has been repaired, a fallen minaret concealed, and the streets cleared of rubble. Lush lawns have been manicured, and flowers have been planted to present a picturesque image to the world.

ADVERTISEMENT

However, this stark contrast highlights the longstanding inequalities within the country, where advanced infrastructure and industry coexist with rural areas lacking basic services, including sewage systems. While a single night’s stay at the historic La Mamounia hotel during the IMF meeting costs a staggering 20,000 Moroccan dirhams ($1,900), the average annual GDP per capita for those residing in the quake-affected region is a mere $2,000.

Omar Ait Ougadir, who lost his two sons in the earthquake, described the moment the quake struck as “like a bomb.” With most houses in Imi N’Tala either destroyed or severely damaged, and a landslide blocking the only road for a week, the villagers face immense challenges. They must share just four unconnected toilet cubicles, and their living conditions are dire.

The government has pledged compensation for the quake victims, offering a monthly stipend of $250 per household and financial assistance for rebuilding homes. Relief efforts also include distributing tents and blankets, setting up field hospitals, and removing rubble. Furthermore, the government plans to invest $12 billion in reconstruction and infrastructure over five years in the earthquake-ravaged region.

Interestingly, the IMF approved a $1.32 billion loan just last week, a request made prior to the earthquake, in a bid to fortify the region against climate-related disasters. As the international financial community descends on Marrakech for these crucial meetings, the striking disparities between the city’s opulence and the plight of the earthquake victims serve as a poignant reminder of the challenges facing Morocco in its pursuit of equitable development.

Tags: Ghanahappy FMMarrakech

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Randy Abbey, Kwesi Appiah, Federick Acheampong, and Co elected as Premier League representatives on GFA ExCo

Next Post

GFA Elections: Anim Addo shockingly loses Division One League ExCo position; Mark Addo retained

Next Post
GFA Elections: Anim Addo shockingly loses Division One League ExCo position; Mark Addo retained

GFA Elections: Anim Addo shockingly loses Division One League ExCo position; Mark Addo retained

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

ADVERTISEMENT
Happy Ghana

Recent News

  • The Money Summit 2026: Ghana’s credibility now depends on policy discipline – Mrs. Matilda Asante-Asiedu
  • The Money Summit 2026: BoG Deputy Governor urges vigilance to sustain economic stability
  • The Money Summit 2026: Ghana must build trust, capital and stability for sustainable growth – B&FT CEO
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.