Smuggling surge costs state $2.8M, 11,300 jobs lost

A private report attributes $2.8 million in lost state revenue and 11,300 job losses to increased smuggling, driven by eased customs regulations and weak oversight. The report highlights the consolidation of a parallel market, though the source is a single private report and the figures are unverified. This signals a growing informal trade sector that undermines formal economic activity and fiscal stability.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works