Liberia: Government Finalizes Slight Reduction in Rice Price
Congo Town, Feb. 19 -- The government of Liberia, through the Ministry of Commerce, has swiftly intervened to slightly reduce the price of Liberia's staple food, rice, to $16.75 after the Association of Rice Importers communicated to the Weah-led government a potential increase from USD 17 to USD 20 last October.
By Jaheim T. Tumu
Rice is a staple food for Liberians, but its price remains unstable on the market. Currently, in some areas, a 25kg bag of rice is sold for LD $3,600, equivalent to USD $18.94, while in other areas, it is sold for between LD $3500 to 3,450, which translates to USD $18.42 to $18.15.
The Minister of Commerce, Amin Modad, addressed a press conference, stating that the importers cited several genuine reasons for ...
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