Labuan Bajo: President Joko 'Jokowi' Widodo paid a working visit to Labuan Bajo, West Manggarai, East Nusa Tenggara (NTT) on Wednesday.
President Jokowi arrived at Komodo Airport at 02:20 p.m. Central Indonesia Time (WITA). He was accompanied by First Lady Iriana, Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan, State Secretary Minister Budi Karya Sumadi, Public Works and Public Housing Minister Basuki Hadimuljono as well as NTT Governor Victor Laiskodat.
After inspecting Komodo Airport, President Jokowi is scheduled to visit Marina Komodo project in Puncak Waringin. A day later, he will visit a number of tourist destinations in the region.
Earlier this month President Jokowi said that the Government aims to develop tourism in North Sulawesi to boost economic growth in the region.
He explained that the central government will provide support in road development, coastal area development, and in expanding airport terminal to accommodate six million passengers, from the existing capacity of two million passengers.
He added that the Government has decided to start the terminal construction in Sam Ratulangi Airport in September this year and is expected to complete the project in August 2020.
Based on a report from Bank Indonesia (BI), a general softening of national economic growth has occurred during the second quarter of 2019 as a corollary of declining export performance.
The recent escalation of international trade tensions has undermined export performance in Indonesia due to restrained global demand and lower commodity prices despite relative improvements for a number of commodities, including chemicals, iron and steel, coal as well as vegetable oil.
Non-building investment has thus far failed to increase significantly as a consequence of flagging exports notwithstanding positive building investment growth. Meanwhile, consumption is expected to pick up on the back of maintained public purchasing power and consumer confidence. Limited domestic demand gains have fed through to lower imports. Moving forward, efforts to stimulate domestic demand shall be increased in order to mitigate the adverse impact of global economic moderation stemming from international trade tensions.