NUSA DUA, NNC -- Bali Governor I Wayan Koster deemed the 2018 International Monetary Fund-World Bank (IMF-WB) Annual Meetings free promotion of Bali tourism.
"This is the promotion of the image of Indonesia's tourism, and Bali in particular. International participants from 189 countries will become spokespersons in their respective countries about our tourism," Wayan said in a media briefing on the sidelines of the IMF-WB Annual Meeting in the Nusa Dua, Bali, Saturday (10/13/2018).
With the number of participants and delegations reaching 36 thousand people, he believed that the meeting would boost the tourism sector which had been the economic power of the Island of the Gods.
In addition to increasing foreign tourist visits, Bali also benefits from infrastructure development to welcome the IMF-WB meeting, which was carried out by the central government.
Most of the budget for organizing the IMF-WB Annual Meeting sourced from the 2017 and 2018 State Budget is used to expand the Ngurah Rai International Airport apron, the construction of the Ngurah Rai underpass to reduce transportation congestion to the meeting place in Nusa Dua, as well as the revitalization of Sarbagita Suwung Regional Landfill in Denpasar.
"I am sure that tourism in Bali will grow and its image will be stronger. This sector must continue to be built because now we are competing with other countries," said Wayan, quoted by Antara.
The governor who has just been sworn in on September 5, 2018 claimed to monitor the movements of the IMF-WB participants and delegates, whom also brought their families to vacation.
"I monitor these delegates now in several tourist destinations in Bali such as the Penglipuran Traditional Village, Ubud, Kintamani, and Tanah Lot," said Wayan.
Aside Bali Indonesia as the host also prepared at least 63 flagship tour packages in seven other destinations including Lombok, Yogyakarta, Banyuwangi, Lake Toba, Tana Toraja, and Komodo-Flores and Sumba.
The study of the National Development Planning Agency (Bappenas) said this global meeting would boost the arrival of 18,000 foreign tourists plus 1,800 domestic tourists, so that the growth of foreign tourists to Bali reaches 16.4 percent in 2018.
Economic activity also climbs by 0.64 percent, so that economic growth in Bali is estimated to reach 6.54 percent at the end of the year, or higher than the baseline without any IMF-World Bank meeting at 5.9 percent.
An additional 0.64 percent came from the growth of various industries such as the construction sector 0.26 percent, other sectors 0.21 percent, hotels 0.12 percent and the food and beverage sector 0.05 percent.
In total the IMF-World Bank Annual Meeting implementation contributed IDR7.8 trillion to the economy, which among others came from infrastructure construction activities, preparation of tourist attractions, hotels and accommodation and trade.
However, the potential for state revenue is estimated to be greater than the study considering the number of meeting participants reach 36 thousand people, from an initial estimate of 19 thousand people, as reported by Antara.