President Ellen Johnson Sirleaf has issued Executive Order No. 70, extending Executive Order No. 61, which suspends tariff on rice.
According to an Executive Mansion press release issued Friday, Executive Order No. 70 takes immediate effect.
The release quotes President Sirleaf as saying that the Government I committed to ensuring that the prices of certain basic commodities on the Liberian market are at levels that do not impose unnecessary burden on the population.
Executive Order No. 70 noted that based on a Government of Liberia assessment and evaluation of the causes of increases in the prices of various strategic commodities, it intends to initiate measures to ameliorate the situation.
It also added that in furtherance of the findings of the assessment, Government has recognized the need to curb the continuous increases in the price of rice, the country’s staple, to make it affordable for public purchase.
The Executive Order, however, emphasized that there exists a need for urgent measures to achieve the desired objective of easing the economic burden on the people to enable access to the staple food, and such measures cannot await long processes.
In the exercise of the Executive Power vested in the President by the Constitution, the President issued Executive Orders No. 11, 19, 45, and 61 suspending import tariffs on rice in the interest of the public, and circumstances again necessitate similar measures.
The Executive Order has a one-year life span.