translated from Spanish: The economy is completely stagnant: Enrique Yamuni

Los Mochis, Sinaloa.- In Mexico the economy is stagnant because President Andrés Manuel López Obrador has not been able to instill confidence in entrepreneurs, and investment is stalled, enrique Yamuni Robles said. The CEO of Megacable interviewed EL DEBATE minutes before holding a talk with students during the Seminar for Young Entrepreneurs held by the Rotary Club of the Valley of the Fort.
 
What do you think of the draft budget for 2020?
I think it’s a very bad budget. It is a budget that does not carry public investment, that is not investing in infrastructure, and what can make a country great and that develops is precisely the infrastructure. I understand in the president’s logic that you have to help the most angry people, I think so, but it’s not the way to do it. In my opinion, something needs to be done for a lot of people, but not in the way it’s being done. We should invest more, create more work. Don’t generate the expectation of seeing what’s going to touch me. And on the other hand, the states are drying. I understand the president’s logic that the states were a bottomless barrel in many cases, but it’s not the case for everyone and it’s not convenient to cut either, because what the states are doing is cut investment, not cut spending, and that’s going to do us a lot of damage in the medium and long term, what item should you invest more, what should you bet on?
First in security and rule of law. The country’s judicial system is a disaster, and security is a major disaster. And on the other hand, the basic tasks of the Mexican state, of any state, must be apart from security, it has to be education, health and infrastructure, create infrastructure to create wealth, airport roads, not just that, fix schools, hospitals and investing in security. We’re investing in a lot of people, a lot of cops, but we need to invest more in intelligence and technology to be more up-to-date with criminals, what do you approve of and disapprove of the current government?
I approve of your desire to improve people’s standard of living, but I disapprove of the way you do it. I don’t think he’s doing it the right way, because since biblical times it’s been said that if you want to help someone, teach them to fish and don’t give them the fish. I think we have to create jobs and not give away the money. I think we have to give it away on certain levels, to certain people who have no other possibilities. I think older adults need to be done justice, but not all, there are people who have Social Security pensions, ISSSTE, and there are people who don’t need it. You really have to invest a lot, but much more to education, but not the way they are doing. They are doing a hundred universities that are going to take out ill-prepared students, when we should be investing in the universities we already have and require universities to use the resources. The vast majority of public universities in this country are prey to chieftains who use the budget for the interests that suit them best, and education often takes the background. It’s not a university, there are a lot of public universities where that happens, what is the expectation of economic growth for the country by the end of 2019?
The reality is that these are difficult times, we are not going to grow, the country is not going to grow economically, we have already seen it. What we have to keep doing is fight so that the budget we’re looking at is changed to be a budget that pushes the country’s growth and investment.
Completely stagnant. What does it take for it to grow? Investment. The president has not been able to instill confidence in entrepreneurship and the investment is stopping. I’m going to give two examples, just the domain extinction law that has a lot of problems, and the new tax law that equates alleged tax evasion with a drug dealer, with an organized crime criminal. That can’t be, I think we all have to pay taxes, but we don’t have to be subject to the arbitrio of authority, to pure assumptions, to the occurrence of authority, because that’s the way the law is. The law says that if there is a presumption of something, the tax authority has completely discretionary powers and that cannot be. If those laws are not changed, there is not going to be a trust of the entrepreneur, in my opinion. Finally, what is the current challenge for Megacable?
The challenge for us is to maintain the pace of investment that we have to be able to stay at the forefront of services and really have the quality staff we need to be able to meet the expectations of our consumers. THE PROFILE
Name: Enrique Yamuni Robles.
Place and date of birth: Sinaloa, 1955.
Place of residence: Guadalajara, Jalisco.
Occupation: General Manager of Megacable. SEMINARYGreat success the meeting of the Rotary Club Valle del Fuerte
With a full fill in the Cantabria salon, the Rotary Club Valle del Fuerte held the Seminar for Young Entrepreneurs 2019, aimed mainly at young people from university, who listened with a lively voice the experience in the businesses of renowned entrepreneurs locals such as Enrique Yamuni Robles, director of Megacable; Luis Toledo González, from Casa Toledo; Jorge Arao Toyohara, of Los Nachos, and Grecia Guerrero Torres, of Manzara Gaudir. 

Great success the meeting of the Rotary Club Valle del Fuerte. Photo: THE DEBATE



Original source in Spanish

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