On 4 January 2023, the Government of Liberia issued Executive Order No. 113,suspending, with immediate effect, import tariffs on semi/wholly milled and broken rice. The new order effectively continues zero tariff conditions that were already in place under a previous Executive Order No. 105 of May 2021, which expired.

President Joseph Nyuma Boakai, Sr. highlighted the government’s commitment to implementing measures that ease the high cost of living for its citizens. Recognizing rice as a staple food, the executive order aims to make this essential commodity more affordable for every Liberian, thereby alleviating financial burdens.

Liberia heavily relies on imported rice, and the government’s assessment predicts a continuous increase in rice prices in the foreseeable future. In response, the Executive Order specifically targets the import tariff on rice classified under HS Codes 1008.30.10.00 (semi-milled or wholly milled rice, whether or not polished or glazed, and in packings of more than 5kg or in bulk) and 1006.40.00.00 (broken rice) under the Revenue Code of Liberia Act 2000.

The objective of these strategic measures is not only to offset the rising cost of rice but also to maintain economic stability, create marketability, and improve accessibility of this vital food resource for the citizens.

With this executive order in effect, the Liberian government aims to bring immediate relief to its citizens, emphasizing the importance of ensuring food security and mitigating economic challenges faced by the population.