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Swine flu hits Mexico tourism with losses of 524 million dollars
Published in Saudi Press Agency on 09 - 07 - 2009

Mexico suffered a massive drop in tourism in May amounting to 524 million dollars because of swine flu, dpa quoted the tourism ministry as saying today.
The figure was based on data gathered by Mexico's central bank and
had a major impact on tourism in the country, although it was well
below the expected figure of 1 billion dollars in losses, Tourism
Minister Rodolfo Elizondo said.
May was the worst month of the A-H1N1 epidemic, which emerged in
Mexico and quickly spread across the world, adding to the problems
caused by the global financial crisis.
Mexico's inflow of foreign currency from tourism dropped by 14.8
per cent from January-May, as compared to the same period a year
earlier. Mexico received 5.2 billion dollars in the first five months
of this year from the arrival of 9.2 foreign visitors.
As tourism fell, about 4 per cent of jobs in the tourism industry
were dropped. But Elizondo said Mexico was looking forward to "a
faster-than-expected recovery."
Mexican Health Minister Jose Angel Cordova Villalobos said the
total losses caused by the new influenza virus were equivalent to
four percentage points in the country's GDP, or more than 3 billion
dollars.
Nearly 100,000 swine flu cases have been reported in more than 70
countries around the world, including 429 deaths, according to the
World Health Organization.


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