The Center of Excellence participates in the National Meeting to Measure Illicit Financial Flows in Peru

November 6th, 2020. The National Technical Meeting to Measure Illicit Financial Flows (IFFs) related to criminal activities in Peru was held virtually, under the pilot to measure indicator 16.4.1 of the Sustainable Development Goals.

The institutions which participated were the National Institute of Statistics and Information Technology, the Superintendence of Banking, Insurance and AFP, the Ministry of the Interior, the Ministry of Justice, the National Commission for Development and Life without Drugs, the National Superintendence of Customs and Tax Administration and the Center for Information and Education for the Prevention of Drug Abuse participated.

As the custodian agency of this indicator, the United Nations Office on Drugs and Crime (UNODC), through the Center of Excellence (CoE) for Statistical Information on Government, Crime, Victimization and Justice, completed the pilot of the methodological framework for measuring IFFs in four Latin American countries: Colombia, Ecuador, Mexico and Peru, during the period 2018-2020.

During the meeting, estimates of the total value of the cocaine market were presented, as well as the inward IFFS from Peru related to this market over the period 2015-2017.

The participants mentioned the existence of two main export routes for cocaine: from Peru to the South American region (mainly by land and air) and to extra-continental markets, such as North America, Europe or Asia, mainly by sea. Additionally, the importance of taking into account the differences between manufacturing prices, in clandestine tracks and in regional and international borders was highlighted.

One of the key points pointed out by the participants was the measurement of the chemical inputs needed to process cocaine hydrochloride (both quantities and purchase prices), as well as to consider the cocaine paste since it is a product of the coca leaf that is consumed, and is part of the productive chain of cocaine hydrochloride.

Finally, two important publications related to the topic were mentioned: the Conceptual Framework for the Statistical Measurement of IFFs, which will be available in Spanish in December 2020, as well as the report of the pilot results to measure illicit markets in the participating countries, to be published during the first quarter of 2021.