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Boakai suspends import Tariff on Rice |
Capitol Hill, June 6, 2025: A release from the Executive Mansion says the move is to ease the economic burden on Liberians and stabilize the price of rice.
The Mansion in its release said, “Recognizing the mounting pressures of the high cost of living and the critical importance of rice as Liberia’s staple food, President Boakai’s latest Executive Order continues the provisions of Executive Order No. 125, removing import tariffs on key rice categories to ensure affordability and accessibility for every Liberian.
Under this new directive, import tariffs are suspended on rice classified under the following HS Codes: • 1006.30.10.00 – Semi-milled or wholly milled rice, whether or not polished or glazed, in packings of more than 5kg or bulk • 1006.40.00.00 – Broken rice
This measure, the President’s Executive Order noted, takes immediate effect and is part of the government’s broader strategy to promote food security, market stability, and economic relief for all citizens.
The Government remains committed to taking practical steps that alleviate the financial stress on ordinary Liberians.
President Boakai reaffirmed his administration’s resolve to protect the purchasing power of Liberian households and maintain national food stability amid rising global economic pressures.
The Ministry of Commerce and Industry, the Liberia Revenue Authority, and all relevant agencies are directed to ensure the full and timely implementation of Executive Order No. 150.
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The New Dawn Liberia |
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