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Home Headlines

Liberian President suspends import tariff on rice

Dr. George Manneh Weah, President of Liberia

Myliberty Media by Myliberty Media
January 9, 2023
in Headlines, Africa, World
Reading Time: 1 min read
Dr. George Manneh Weah, President of Liberia

Dr. George Manneh Weah, President of Liberia

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Monrovia-Liberia, Jan. 9, MNN – Dr. George Manneh Weah, President of Liberia has issued an Executive Order #113 suspending import tariff on rice.

Executive Order #113 is in consideration of the expiration of Executive Order #105 and the government’s commitment to ensure that the prices of certain basic commodities on the market are affordable, and do not impose an unnecessary burden on the citizens, a statement made available to Myliberty News Network in Ghana stated.

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“Now, therefore, the government of Liberia in its desire to continue bringing relief to the public, hereby issues this Executive Order #113, suspending import tariff on rice as classified under tariff Nos 1005.30,00 (in packing of more than 5kg or in bulk); 1006.30.00 (in packing of at least 5kg); and 1006.40.00 (broken rice) under the Revenue Code of Liberia Act with immediate effect,” the President stated.

President Weah further indicated that Executive Order #113 is issued against the backdrop of an assessment and evaluation conducted by the government on the causes of increases in the price of various strategic commodities including rice with an intent to ameliorate the situation.

The President said that based on the findings of the assessment, the government has seen the need to curb “the continuous increase in the price of rice, in order to make it affordable to the public for purchase”.

The Liberian Leader also insists that there exists a need for what he calls “exigent measures to achieve the desired objectives of easing the economic burden on the citizens and residents to enable access to rice, the staple food, and such measures can’t await long legislative processes.”

 

Source: Myliberty News Network
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