Control Risk rates Morocco as a ‘moderate’ risk country

Control Risk rates Morocco as a ‘moderate’ risk country
Mounir Mehimdate
Saturday 26 November 2022 - 21:27

British risk consultancy firm, Control Risk has placed Morocco in the list of countries with a “moderate” risk level in 2023.

On a scale of one to ten, Morocco received a score of six, which measures the various risks expressed in the annual map of the British foundation.

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Compared to neighboring countries, the Kingdom is the safest on the map, along with Tunisia, which ranked similarly to Morocco, while Algeria, Mauritania and Egypt were classified on the list of medium to high risk countries, while Libya came on the list of high risk countries.

The foundation put Morocco on its list of countries with “moderate business risks,” saying that some areas of the country could be challenging for business.

For the first time, Control Risk has assigned a single rating to each country based on a range of political, security, operational, regulatory, cyber, and integrity risks, including a range of ESG risks.

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Control Risk says that the aim of its maps is “to build safe, compliant and resilient organizations, especially in an era when communications provide great opportunities but also severe weaknesses,” and “to ensure the ability to solve issues and crises that occur in any ambitious global organization.

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