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President Sirleaf issues Executive Order 89

Varflay Kamara/Jos Garneo Cephas
President Ellen Johnson-Sirleaf
President Ellen Johnson-Sirleaf

MONROVIA, LIBERIA-President Ellen Johnson-Sirleaf has issued Executive Order No. 89, to reduce administrative, business process requirements on concessionaires, small, medium-sized businesses and manufacturers.

According to an Executive Mansion release issued October 16, 2017 in Monrovia, “the Executive Order No. 89 seeks to Institute Policy Measures to stimulate Economic Growth in Liberia”.

The release said: “Tax Clearances issued by the Liberia Revenue Authority (LRA) shall be valid for a period not less than six months, intended to reduce the administrative burden associated with the frequent processing of tax clearances”.

Under the new Presidential Order, Concessionaires registered businesses and NGOs granted Duty Free status, by virtue of rights of the Executive or by Acts of the National Legislature, shall not be limited, but strictly adhered to and enforced in accordance with governing agreements.

“As a way of further mitigating measures, the Minister of Finance and Development Planning shall, by administrative regulation, impose extra charge not exceeding 10 per cent on goods imported into Liberia”, the Executive Order said.


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