Liberia: Agriculture Minister says plan to transfer rice subsidy to production risky

Published 2022년 11월 2일

Tridge summary

Liberia's Agriculture Minister, Jeanine Cooper, has expressed concerns against a proposal to shift subsidy funds given to rice importers to rice production, stating that the country's production capacity is not yet sufficient to replace imports. She suggests making rice production a national priority and organizing a national conference on rice production to address the issue of rice shortages in the market. The Senate has reprimanded the Ministers of Finance and Development Planning, and Agriculture for not appearing before the Senate as required.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Monrovia — Liberia's Agriculture Minister, Jeanine Cooper has cautioned senators against a proposal aimed at transferring money provided to rice importers as subsidy to the rice production sector of the agricultural ministry. Addressing the Senate Tuesday, Minister Cooper explained that Liberia's production of rice is far below the capacity that could compensate for the importation of rice on the Liberian Market. The Minister however urged Senators instead, make rice production a national priority in a bid to avoid the dependency syndrome to produce Liberia's staple food because she believes the situation can be solved. Minister Cooper stated: "Should we stop providing subsidy to importers and give it to the agriculture? It is possible but risky. We are not at a level to compensate for import. Liberia is the only country in West Africa doing that. The suggestion is doable but risky we need to plan well." The Minister was also careful in responding to questions surrounding the ...
Source: All Africa

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