2019 starts as a difficult year for the restaurant sector in Mérida: Canirac

2018 was one of the most difficult years for the Yucatecan restaurant sector in history, due to the excessively high cost of electricity tariffs that generated uncertainty and discomfort among local businessmen.

The president of the National Chamber of the Industry of Restaurants and Seasoned Foods in Yucatan (Canirac), Alejandra Pacheco Montero, said that the situation led to the closure of seven businesses, which affected more than 35 families they were left without a source of income.

The business leader said that 2019 is expected to be a year of great uncertainty for the sector, severely hit by the rise in electricity rates.

Pacheco Montero pointed out that if this situation continues during the current year, a serious economic outlook is possible, not only for entrepreneurs but for society in general.

“If this continues we will be in need, in order to maintain our sources of employment and our assets, to stop complying with federal obligations and stop paying CFE, IVA and ISR,” said Pacheco Montero.

TYT Newsroom with information from SIPSE