President Weah Suspends Tariff On Rice In Executive Order #105
(Monrovia, Liberia): The President of the Republic, H.E. Dr. George Manneh Weah, according to the executive mansion statement has suspended import tariff on rice, Liberia’s staple.
The suspension of import tariff on rice the release states that the EO classified under tariff numbers 1006.30.00, in packing of more than 5kg or in the bulk; 1006.30.00, in packing of at least 5kg and 1006.40.00 (broken rice) under the Revenue Code of Liberia Act of 2000. It takes immediate effect.
The executive mansion revealed that the issuance of Executive Order #105 by the President is in pursuance of the government’s overall desire to continue to bring relief to the Liberian people.
The Executive Order, which follows the expiration of Executive Order #98, underscores the government’s commitment to ensuring that prices of certain commodities on the market, including rice, remain affordable as not to impose an unnecessary burden on the people.
President Weah said in the Executive Order that the government has conducted an assessment and evaluation on the causes of increases in the price of various strategic commodities, including rice, and that his administration intends to initiate measures to ameliorate the situation.
The continuous suspension of tariff according to the executive mansion hinges on the need to curb the concurrent increase in the price of rice and to make it more affordable, the office of the president said the President observed, stressing that such measures can’t await long legislative processes.
“There is a need for 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,” the President was quoted in the release as saying.
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