The Liberian Government, through the Ministry of Commerce and Industry (MoCI) has assured the public of its commitment to ensuring that essential commodities are available and affordable on the local market in line with the Pro Poor Agenda for Prosperity and Development (PAPD).
As a demonstration of its determination to effect constructive measures aimed at addressing these challenges, the Government, through its sector institution that is charged with the responsibility of promoting a conducive business atmosphere, the Ministry of Commerce and Industry has disclosed that it will make no further increases in the price of Gasoline (PMS) and Jet fuel for the month of June.
The Ministry also said there will be a slight reduction in the Price of Fuel (AGO).
A Ministry of Commerce and Industry release signed by its Communications Director, Jacob N.B. Parley, said the Ministry continues to work along with importers of petroleum products to ensure that there is sufficient stock in country to serve the market for the next couple of months.
According to the release, the Government of Liberia appreciates those who are fully executing their supply mandate as Licensed Importers of petroleum.
It can be recalled that early this year, the Ministry informed the public that in the midst of disruptions to the global supply chain posed by COVID 19 and subsequently the Russia-Ukraine War, that is greatly affecting cost of freight and sourcing of commodities from international suppliers, the Liberian Government re-assured the public of ensuring the affordability and availability of essential commodities on the local market.
“As the sector institution that is responsible to ensure a safe and conducive business climate for Liberia, we will continue to appraise the public as new developments unfold regarding the availability and prices of essential commodities on the Liberian market,” the Ministry of Commerce and Industry concluded in the release.
