Image courtesy of BPR Lestari.
Image courtesy of BPR Lestari.

DENPASAR, Bali (BPN) – BPR (People’s Credit Bank) Lestari Bali has launched a financial support program for pandemic-hit businesses especially in the tourism sector and its derivatives. The program provides a total of IDR 1.2 trillion credit to support the preparations of tourism reopening for international borders.

“We understand that the amount of the credit may not be sufficient for all tourism actors. But hopefully, it would trigger the revival of Bali’s economy, “said the President Director of BPR Lestari Bali, Pribadi Budiono, during a virtual press conference on Thursday.

Meanwhile, the Chairman of the Indonesian Young Entrepreneurs Association (HIPMI) Bali, Pande Agus Permana Widura, explained that entrepreneurs on the island have started the preparation to rearrange their business this year.

“We are confident that the cooperation with the banking sector will accelerate the economic recovery in Bali,” he said.

At the same occasion, Chairman of the Indonesian Chamber of Commerce and Industry (KADIN) Bali, I Made Ariandi, expected that tourism for foreign tourists will soon be opened.

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“Hopefully this year Bali’s tourism will be reopened. We also have to start preparing and reorganizing to welcome tourists,” he said.

Three tourism areas in Bali have been designated as free travel corridors or green zones free of Covid-19, namely Ubud, Sanur, and Nusa Dua. This makes the three areas are the favorite to attract foreign tourist arrivals.

As a result of the COVID-19 pandemic, Bali’s economy in the fourth quarter of 2020 recorded negative growth of -12.21 percent, the deepest compared to 34 other provinces in Indonesia.

“Hopefully this program will be useful (for Bali), so then we will be ready to welcome the reopening of Bali’s tourism. With this recovery, it is hoped that Bali’s economy can return to what it was before the pandemic,” Pribadi said.

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