Government to Continue Stimulus Support to Aid the Sector Affected by COVID-19
Tourism has been battered by the COVID-19 pandemic, thus the Government plans to continue the Indonesia Stimulus Program to help drive recovery.
Tourism is one of the most affected areas in Indonesia because of COVID-19. Hence the need for the ongoing special stimulus package, an important part of its recovery. The Indonesian Stimulus Program will provide an allocated grant of Rp3.3 trillion for tourism. It is part of the National Economic Recovery (PEN) Program. Last year, 70% of the funding was focus on the restaurant and hotel sector.
The Government has also confirmed the expansion of the Pre-Employment Card Program for 2021. This is for workers in the tourism sector. The Government has also highlighted the importance of labour-intensive programs in the tourism sector. Particularly for the first quarter of 2021 and to do this without disregarding public safety.
Five super-priority tourism destinations have also been singled out. This encourages the development of the five Special Economic Zones to draw tourist to those destinations.
The Challenges of the COVID-19 Pandemic
COVID-19 vaccines must be prioritised for those working in the tourism sector. The Government aims to work toward tourism sector recovery while maintaining public safety.
The Indonesian economy has managed to withstand the challenges of the COVID-19 pandemic well. With recovery going as planned, it won’t be long before we see a bounce back in other areas too. Business recovery is on the horizon and Indonesia Company Incorporation Services will be available to assist entrepreneurs looking to build their entrepreneurial future in Indonesia when the time comes.