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THE MINISTRY PRESENTS TWO INDICATORS TO BOOST THE ECONOMY DURING EID 2024

THE INDONESIAN Ministry of Tourism and Creative Economy explained two main indicators that could encourage national economic growth of up to five percent during the Eid holiday, precisely in the first and second quarters of 2024.

Deputy for Strategic Policy at the Ministry of Tourism and Creative Economy, Dessy Ruhati, recently said that economic growth was based on the 2024 Lebaran (Eid) Desk Study which was being carried out by the Ministry of Tourism and Creative Economy.

“This is characterized by two main indicators, namely increased consumption and increased movement of people. Indicators of increasing public consumption are influenced by the amount of cash needed which has increased by 4.65% compared to the realization in 2023,” said Dessy.

The government has also provided social assistance (bansos) until June 2024 and direct cash assistance (BLT) which will be distributed in January-March 2024. Apart from that, the government has also issued other policies, namely providing 100% holiday allowance for civil servants.

Indicators of increased community movement this year are influenced by the longer collective leave holiday from 2023 and the annual leave permit policy for civil servants for the 2024 Eid holiday.

On that occasion, Dessy appealed to the entire community, especially relevant stakeholders, to anticipate extreme weather. This is because 78% of Indonesia’s territory in April 2024 will still experience the medium-high rainy season.

“Therefore, please be alert and also hope for readiness from business actors and tourist destination managers,” concluded Dessy. [traveltext.id]