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Bloomberg
The coronavirus outbreak is set to wipe out more than $10 billion from Indonesia’s tourism revenue this year as leisure travel comes to a near complete halt, the government said.
The country is preparing stimulus packages for the industry and a safety net for workers to blunt the impact, President Joko Widodo said at a cabinet meeting. He predicted a leisure travel boom for next year after the pandemic is over, urging the industry to prepare for that opportunity.
The number of foreign tourists is expected to fall to 5 million this year from last year’s more than 16 million as countries impose travel restrictions to stop the spread of the deadly disease.
“Economic stimulus for businesses in the tourism and creative industry must be prepared so they can survive and don’t resort to large-scale layoffs,†Widodo said.