Mar 2 • 13:56 UTC 🇲🇽 Mexico El Financiero (ES)

How much does it cost to combat extortion?

The article discusses the economic cost of combating extortion in Mexico and emphasizes its impact on local businesses and employment.

In Mexico, security is often measured by statistics, but for businesses, security translates into the ability to operate daily without fear. The article underscores that combating extortion is crucial for maintaining economic continuity for family businesses and sustaining employment across communities. It poses a reflective question on the costs of fighting extortion, equating this to peace of mind for workers and certainty for investments.

Recently, the commercial, services, and tourism sectors have called for a responsible and state-oriented discussion regarding extortion. The emphasis is on the need for institutional coordination and measurable results in combating this issue. The article highlights that when the state's presence is strong and coordinated, economic stability follows; conversely, weakness in state interventions leads to uncertainty, decreased investment, and less hiring.

Preliminary estimates indicate that recent events have resulted in losses ranging from 1.5 to 2 billion pesos, showcasing the substantial financial impact that extortion has on the economy. The narrative suggests that addressing extortion is not merely an issue of public safety but a critical component of economic health for communities, and urges for a unified effort in tackling this challenge.

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