Jakarta: National Logistics Agency (Bulog) president director Budi Waseso on Friday said that the state-owned food distribution doesn't need to import rice until the end of 2018.
"We can buy a lot of supplies from local producers. Customers can also buy a lot of supplies from retailers," said the retired police general.
"This year, we will receive three tonnes of rice. As the result, we need to prepare new storages," he added.
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According to the Central Statistics Agency (BPS), Indonesia posted a trade deficit of $2.03 billion in July 2018. In addition to that, the country recorded a current account deficit of $8.0 billion (3.0% of GDP) in the second quarter of 2018.
"The export growth is quite high but the import growth is still higher," BPS head Suhariyanto said.