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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe increase in the price of rice in Liberia poses a risk of violence in the country. The price of a 25 kg bag of parboiled long grain rice has increased from 14 USD to 20 USD.
Indeed, the violent protests against poverty in Liberia, Sierra Leone, and other neighbouring countries are because of the increase and unaffordability of the cost of life. In Liberia, when almost all employed people cannot afford to buy rice at the previous price and almost all employable people remain unemployed, violence-related poverty worsens and violence threatens.
Thus, the country's common duty and common sense call for urgent action to end the problem of poverty linked to violence. To get out of this potentially fatal rice price problem, a few measures have been taken.
First, officials could require that at least a quarter of their salary be paid in rice produced and owned by Liberians, because Liberians produce and own quality rice at an affordable price, secondly, entities that supply food to schools can now buy rice produced and owned by Liberians, and thirdly, when the $250,000,000, or nearly a quarter of a billion US dollars, is used To buy imported rice are used to buy Liberian rice, there will be an increase in Liberian ownership, Liberian production, employment, income generation and degenerated poverty.
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