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Indonesia sets up tourism fund to boost tourist arrivals in 2024

JAKARTA (XINHUA) – The Indonesian government is currently establishing a tourism fund to support the country in developing sustainable tourism and attract more visitors, a minister said.

Indonesian Minister for Tourism and Creative Economy Sandiaga Uno said the tourism fund, set to be launched in early 2024, would manage an initial fund at IDR2 trillion to support the promotion of tourism events and improve the nation branding of Indonesia’s tourism in the global market.

“We will use the fund to support both national and international events, such as sports, music, and cultural arts, which will be held in Indonesia. This also includes high-level summits that may not directly be related to tourism, because international conferences also bring economic impacts,” Uno told reporters.

Visitors at Taman Sari tourism site in Yogyakarta, Indonesia. PHOTO: XINHUA