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ADF adds new products to SAR 2bn import funding initiative

ADF adds new products to SAR 2bn import funding initiative
The initiative is carried out via direct and indirect loans

Riyadh - Mubasher: The Saudi Agricultural Development Fund (ADF) has added new products under its initiative that aims to fund the importing of agricultural products and ensure food security across the kingdom.

The fund allocated SAR 2 billion via direct and indirect loans in support of the initiative, the ADF said on its official Twitter page on Thursday.

The new products supported by the initiative include rice, sugar, soybeans, and yellow corn, as well as red meat, and cooking oils.