Violence and insecurity costing Mexico billions of pesos
m3report | September 30, 2010 at 5:23 am | Categories: Uncategorized | URL: http://wp.me/pg2Ga-D3

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The National Association of Former Border Patrol Officers (NAFBPO) extracts and condenses the material that follows from Mexican and Central and South American on-line media sources on a daily basis. You are free to disseminate this information, but we request that you credit NAFBPO as being the provider.

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Thursday, 9/30/10

El Universo (Mexico City) 9/29/10

Violence and insecurity costing Mexico

Mexico’s Industrial Chambers Federation reported that the cost of insecurity in Mexico reaches 7% of the country’s gross national product, the equivalent of 9,640 pesos (U.S. $770) per person. According to an estimate by this paper, resources lost due to the fight against drug traffic and crime in general represent 154 billion pesos. Some domestic and international organizations believe that the cost of insecurity in Mexico is above 15% of the country’s gross national product.

Tourism has also been affected, not only in the border area but also in such places as Cancun and Los Cabos. Conventions are no longer seen, or are cancelling and going elsewhere.

http://www.eluniversal.com.mx/notas/712346.html

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