The burgeoning crime rate continues to spiral as the year draws to a close and its impact on the economy is increasingly concerning.
Former Minister in the Ministry of Finance Mariano Browne believes that its extensive effect is being seen more and more on the private sector.
He told the Power Breakfast Show this morning that crime has now forced increased expenditure on security measures to mitigate its effects.
He explained how crime affects different parts of the private sector and its impact on spending.