On Thursday in Rabat, Morocco’s government approved a new decree revising the country’s financial solidarity framework for dealing with disasters. Presented by Economy and Finance Minister Nadia Fettah, the updated regulation modifies the 2019 decree that originally introduced the “Solidarity Tax for Catastrophic Events.”
This parafiscal tax, which feeds into the Solidarity Fund for Catastrophic Events, is one of two main components of Morocco’s disaster compensation system. The other is a legal requirement for insurance policyholders to include specific coverage for catastrophic events in their standard contracts.
The revised decree aligns the mechanism more closely with Law 110.14, which created the broader national framework for covering both natural and man-made disasters. That law also brought sweeping changes to the country’s insurance code. While the new text doesn’t overhaul the system, it fine-tunes several operational details of the solidarity tax to improve clarity, efficiency, and legal consistency.
This update comes at a time when catastrophic events—whether triggered by nature or human actions—are becoming more frequent and increasingly costly. The goal is to ensure the system remains both sustainable and responsive under growing pressure.
The Solidarity Fund, established in 2019, is designed to provide compensation to people who are either uninsured or inadequately covered when disaster strikes. It functions as a safety net that complements the private insurance market, with strict eligibility criteria and procedures laid out in the law. Its primary source of funding remains the solidarity tax, which is levied on various types of insurance contracts.
