Posted: Wednesday, August 12, 2020. 8:56 pm CST.
By BBN Staff: The Yucatan Times is reporting that businesses in the Mexican municipality Quintana Roo will suffer millions of dollars in losses due to the closure of the Belize/Mexico border as COVID-19 containment efforts continue.
In an article published today, the Yucatan Times notes that keeping the border closed is expected to cost Quintana Roo some 90 million pesos (BZ$8.049 million) due to Belizeans not crossing the border to shop.
The article noted that the municipality began taking significant losses due to decreased Belizean traffic as early as March 2020, when the first COVID-19 cases in Belize were detected.
“Meanwhile, data from Quintana Roo’s National Chamber of Commerce, Services and Tourism (Canaco Servytur) detail that the provision caused an impact of 18 million pesos per month to the business sector in Chetumal due to the null arrival of 30 thousand Belizeans who left a spill of 600 pesos a day per person on average,” the Yucatan Times said.
During the lockdown, the Belize Chamber of Commerce and Industry stressed that Belizeans keeping their purchases within Belize will be crucial in the country’s economic recovery.
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