COVID-19 could cost Indonesia tourism $2.8 bln in lost forex earnings, says minister
JAKARTA – The coronavirus, or COVID-19, outbreak could cost Indonesia’s tourism industry $2.8 billion in foreign exchange earnings, Minister of Tourism and Creative Economy Wishnutama Kusubandio told local media on Wednesday (Feb 12).
The estimate is based on 2 million China nationals visiting Indonesia in 2019.
The minister said any losses will depend on how long the virus outbreak will last.
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