CAN BOAKAI’S RUBBER EXPORT BAN JUMPSTART LIBERIA’S MANUFACTURING SECTOR? - Smart News Liberia

President Boakai Issues Executive Order #151 to Restrict Export of Unprocessed Rubber and Promote Domestic Industrialization - Global News Network Liberia

Executive Mansion Monrovia: – In an effort aimed at revitalizing Liberia’s rubber sector and fostering inclusive economic growth, President Joseph Nyuma Boakai, Sr., has signed Executive Order No. 151, instituting sweeping measures to restrict the export of unprocessed rubber and promote domestic value addition. The Executive Order, effective immediately, seeks to transition Liberia’s rubber industry from an extractive, raw-material export econo…

CAN BOAKAI’S RUBBER EXPORT BAN JUMPSTART LIBERIA’S MANUFACTURING SECTOR? - Smart News Liberia

By Socrates Smythe Saywon, Columnist President Joseph Nyuma Boakai’s recent Executive Order banning the export of unprocessed rubber signals a bold attempt to reshape Liberia’s struggling rubber industry. By restricting raw rubber exports and requiring domestic value addition, the government hopes to spark growth in local manufacturing and create jobs. But can this policy truly jumpstart Liberia’s manufacturing sector, or will it face obstacles …