Crime cuts economic growth in Mexico by 1 percent
Mexico’s Finance Minister is stating that rampant crime in the country is affecting its economic growth.
Mexico’s finance minister has said that crime and violence have had a significant impact on the country’s economy, cutting growth by 1%.
Agustin Carstens said the country’s insecurity was stopping companies from investing and creating fewer jobs.
At least 2,700 people have been killed and 300 kidnapped in Mexico this year, mostly in drugs-related violence.
Mexico is listed at number 4 on the Havocscope Black Market Countries Index.
