TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

While people told to spend holidays at home, more foreign tourists expected

News Desk (The Jakarta Post)
Jakarta
Fri, September 7, 2018 Published on Sep. 7, 2018 Published on 2018-09-07T15:42:10+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Tourism Minister Arief Yahya. Tourism Minister Arief Yahya. (JP/Anton Hermansyah)

T

ourism Minister Arief Yahya has called on Indonesians to delay overseas holidays to help the government save the foreign exchange, while at the same time he said the ministry was working to increase tourist arrivals.

“We hope the people will spend their holidays in this country,” said Arief in Jakarta on Friday as quoted by Antara news agency.

He said tourism was the sector expected to boost economic performance amid strong external pressure and the expanding current account deficit (CAD), which was currently at 3 percent of GDP.

Currently, the government and Bank Indonesia (BI) have been working to help the rupiah, which has been weakening against the United States dollar. The central bank had increased its seven-day reserve repo rate (7DRR) to 5.5 percent and carried out market intervention to build investors' trust in the country’s monetary markets.

Meanwhile, the government introduced several policies to help the CAD improve, like introducing mandatory usage of 20 percent blended biodiesel (B20) and imposing higher import taxes to curb imports.

Arief expressed hope the tourism sector would provide solutions in addition to the government program to boost exports; to curb imports and to optimize local resources.

“It is time for us to explore Indonesia to improve nationalism so that we will not spend too many dollars abroad,” he said.

He said the ministry was also trying to increase foreign tourist arrivals through various promotions. (bbn)

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.