Liberia Suspends Import Taxes on Rice To Ease Economic Burden On Citizens

Source: Africa Publicity

The government of Liberia has suspended import taxes on rice in an effort to ease the economic burden on Liberians and stabilize the price of rice in the Western African nation.

President Joseph Nyuma Boakai, Sr., on Thursday, June 5, 2025, signed Executive Order No. 150, extending the suspension of import tariffs on rice.

The Executive Mansion, the seat of Government in Liberia, in a statement says 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, the statement said, 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 in bulk

• 1006.40.00.00 – Broken rice

This measure takes immediate effect and is part of the government’s broader strategy to promote food security, market stability, and economic relief for all citizens, according to the statement.

It says 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,” it added.

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.