Minister: Tourism Brings USD 10.46-billion in Foreign Exchange

In a press release issued on Monday (27/11/23) by Indonesia’s Minister of Tourism and Creative Economy, Sandiaga Uno, the total value of foreign exchange generated from the tourism sector reached USD 10.46-billion by Q3/ 2023, according to reporting from Antara News, adding that this figure translates to 3.83-percent of Indonesia GDP.

Speaking during a working meeting with Committee III of the Regional Representative Council (DPD), Uno drew attention to the number of foreign tourist visits, which hit 8.51-million, saying that “we have revised (the number of) foreign tourist visits twice. Initially, we set the target of attracting 7.4-million foreign tourists, but now, we have reached 8.5-million. I believe the number will hit 10-million,” report Antara News.

The minister also expressed optimism that next year, Indonesia would reach the world’s top 30 in terms of the Travel and Tourism Development Index (TTDI).

To further boost the tourism sector’s performance in future, Sandiaga invited Committee III of the DPD to collaborate in placing the sector as the engine that drives economic revival and creates more job opportunities in Indonesia, say Antara News.

“We hope that colleagues at the DPD will take part in putting efforts to reach the target of creating 4.4-million new job vacancies by 2024,” he noted.

Head of the committee Hasan Basri, on his part, lauded the achievements delivered by the Ministry of Tourism and Creative Economy (Kemenparekraf) as of the third quarter of this year, saying that “we would also like to push for the strengthening of programs and budget of the Kemenparekraf for 2024, with the hopes of realizing equitable development of tourism and creative economy regions across Indonesia,” say Antara News.

Source: Antara News

Stock photo by Pitua Sutanto on Unsplash

The post Minister: Tourism Brings USD 10.46-billion in Foreign Exchange appeared first on Invest Indonesia.

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