new era of bali to focus more on local resources for economy development than tourism

Wayan Koster, The Governor of Bali recently declared that the new era of Bali will focus on local resources for the development of the economy as they move forward. This will reduce the province's dependency on tourism.

“My agenda for the next two years consists of preparing an ecosystem that balances the fundamentals of Bali’s economy. It covers tourism, agriculture, and manufacturing,” Koster said on Saturday. 

Bali's economy was one of the hardest hit in the Country during covid-19 crisis as an economic slowdown of 10.98 percent was reported by Bank Indonesia in the second quarter of this year.

As Indonesia's top tourist destination and the restrictions on the travel worldwide resulted in a massive decline for Bali's tourism industry. Tourism sector reportedly contributes almost 58 percent to the economy of the province.

“To be able to carry out these economic fundamentals, it must be supported with infrastructure. Developing land, sea, and air infrastructure that are connected and integrated. We will make it happen one by one,” he continued.

This recent statements indicates and shows how seriously administration is interested in boosting the other sectors of the local economy. Koster said to focus on available local resources, including the development of creative and innovative goods.