Bayt Mal Al-Quds Provides USD 4.2 Million in Social-Economic Development Projects in 2024

The Bayt Mal Al-Quds Agency (BMAQ), the executive arm of the Al-Quds Committee chaired by King Mohammed VI, implemented projects and programs worth over USD 4.2 million in 2024, according to the agency’s annual report presented at a press conference on Wednesday in Rabat, Morocco’s Press Agency (MAP) reported.
The report highlighted the agency’s initiatives that span various sectors. Social assistance programs accounted for 31% of the budget, while 19% was dedicated to arts, heritage, and cultural industries. The childhood, youth, and sports sectors received 18%, and 14% supported emerging Palestinian enterprises through the agency’s innovation project incubator. Other areas included education (5%), human development projects (4%), and health prevention and medication initiatives (1%).
An special budget of approximately USD 400,000, about 9% of the agency’s achievements this past year, was allocated to support Gaza’s educational system. The funding was part of Morocco’s humanitarian aid for war-torn Gaza. Beneficiaries included Al-Azhar University of Gaza, which received scholarships for 318 students at its Hassan II Faculty of Agricultural and Environmental Sciences.
The support also enabled the 40 students to graduate, provided two cloud servers for data backup, and established a distance-learning platform.
Additionally, scholarships were granted to eight Gaza-based students admitted to the Hassan II Institute of Agriculture and Veterinary Medicine in Rabat.
The report also documented the agency’s humanitarian operations during Ramadan 1446, initiated by King Mohammed VI, which provided direct aid to Palestinians in Gaza and Al-Quds (Jerusalem). The operations delivered 2,200 food baskets to around 3,000 families and distributed 30,000 meals—1,000 meals daily—to beneficiaries at the Al-Aqsa Mosque, the Old City, and various health and community centers. The initiative extended to the Shuafat and Qalandia camps and nearby villages such as Al-Issawiya and Nabi Samuel.
BMAQ relies on the findings of the “Arribat” Observatory, established in 2021, to guide its priorities, MAP said. The observatory’s 2024 activities included publishing 17 reports on critical issues such as conditions at the Al-Aqsa Mosque, mobility restrictions, and the psychological toll of regional conflicts on Palestinian residents.
The observatory’s economic and social indicators for 2024 remain concerning, mirroring 2023’s challenges. Persistent issues include high living costs, unemployment, poverty, and a growing sense of hopelessness among Palestinian youth.