GOL Exerts Efforts to Maintain Rice Prices Amid Global Constraint

GOL Exerts Efforts to Maintain Rice Prices Amid Global Constraint

Monrovia, Liberia – The government of Liberia is exerting all efforts to maintain the stability of its staple diets despite several global challenges, including the hike price of rice.

The Indian government, as the second-largest rice-producing country in the world, has increased the surcharge on rice production, affecting exports across the global market and potentially leading to an increase in the sale price worldwide.

As part of its exuberant efforts to pave the way against the crisis, assurances have been given that there will be no shortages in the market. and that importers have made an initial commitment of $200,000 for local rice production and expressed intentions to increase the investment in the future.

The war in the Middle East, along with other global factors, is said to be affecting several major commodities across the globe, including rice.

The government has been sensitive to the importance of the commodities in the country, which has underscored plans for significant investment in the area of local production.

Research conducted by The People News Online has shown that Liberia maintains the low cost of rice in the south region despite the global crisis.

By: Staff Writer

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