JAKARTA (Bloomberg): The coronavirus outbreak is set to wipe out more than US$10 billion from Indonesia's tourism revenue this year as leisure travel comes to a near complete halt, the government said on Thursday (April 16).
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 on Thursday. He predicted a leisure travel boom for next year after the pandemic is over, and urged the industry to prepare for that opportunity.