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 Thursday.
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 Thursday.
He predicted a leisure travel boom for next year after the pandemic is over, urging the industry to prepare for that opportunity.
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