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The protests reported in the Apurimac region will cause an economic loss of around S$6 million a day, the Apurimac Chamber of Commerce warns.
Union President Edward Palacios notes that this impact is mainly measured by the impact on sectors mining and agriculture.
It is estimated that if mining company Las Bambas were shut down alone, losses could be as high as SGD 4 million per day.
The trade union points out that only because of the blockade mountain corridorthe region is losing SGD 3.2 million a day, while the country could report a loss of SGD 5.2 million.
It is worth noting that, according to the Apurimac Chamber of Commerce, the blockade of the mining corridor means a loss of 30% of the region’s budget.
To this must be added paralysis in agricultural sectorresulting in losses of between S$1.5 million and S$2 million per day.
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.