Minister upbeat about tourism growth in fourth quarter of 2022

Jakarta (ANTARA) – Tourism and Creative Economy Minister Sandigaga Uno is sanguine about the tourism and creative economy sectors experiencing growth in the fourth quarter of 2022.

“For the fourth quarter, we are optimistic because it will mark the end of the year and the increase in (the number of arrivals of) foreign tourists, which we hope can exceed three million, and the mobility of the Domestic tourists for which the target is 1.4 billion,” he said here on Thursday.

Uno noted that the mobility of tourists is expected to further support the growth of tourism and the creative economy and drive the growth of jobs in both sectors.

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According to the minister, the number of jobs is currently over 40 million.

“The tourism and creative economy sectors will contribute up to 12.5-13 percent of the national economy and the hope is that it (the contribution) can increase to 15 percent in five years ahead,” he noted.

Recently, Statistics Indonesia (BPS) recorded that Indonesia’s economy grew by 5.72 percent in the third quarter of 2022 (yoy), higher than the growth of 5.45 percent (yoy) in the second quarter of 2022.

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“We are very grateful and optimistic because the third quarter showed a positive performance in the consumption, investment and export sectors as well as the creation of job opportunities that can support the momentum of the recovery,” he said.

“We in the tourism and creative economy sectors noted that the transport, accommodation, and food-beverage sectors were the main support of the 5.72-percent figure, which is above the consensus of analysts,” he noted.

He confirmed that to maintain the momentum, the government encouraged creative economy players to make their businesses resilient and sustainable amid global uncertainties and the 2023 recession.

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The government’s efforts include training, assistance, mentoring, and incubation for creative economy players, he noted.

Subsequently, the government also provides assistance in terms of facilities, including ease of licensing and certification to encourage MSMEs to scale up.

“Third is a financing facility, especially with a breakthrough in intellectual property rights-based financing,” Uno continues.

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