Saudi Arabia announces SR2 billion plan to support food sector
The Saudi Agriculture Fund has announced an action plan of SR2 billion ($533.33 million) to support local food security and production during Coronavirus crisis. KSA announces $533m action plan to support food industryIt has urged companies to take advantage of the initiatives and measures, which come days before the start of Ramadan.The Ministry of Environment, Water, and Agriculture is providing SR180 million during April as direct support for small-scale livestock owners, fish farming projects, and poultry producers.“The fund calls on small and medium enterprises to apply for operating loans to support their production,” said ministry spokesman Abdullah Abalkhail. “The fund has received 15 funding requests so far, nine of which have preliminary approval totalin...