Riyadh, Minister of Environment, Water and Agriculture and Chairman of the Board of Directors of the Agricultural Development Fund Engineer Abdulrahman bin Abdulmohsen Al-Fadhli has chaired the first meeting of the Fund's Board for this current fiscal year.

The board agreed to finance agricultural loans amounting to about 600 million riyals to enhance the efficiency of the agricultural sector and contribute to achieving food security, including the sectors of aquaculture, broiler poultry production, greenhouses, date production and agricultural tourism in several regions of the Kingdom.

It is noteworthy that total loans provided since the establishment of the fund to the previous fiscal year amounted to about 51 billion riyals.

Source: Saudi Press Agency

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