Announcement
15 May 2020
In May 2020, the Saudi Agricultural Development Fund (ADF) introduced two initiatives to support farmers and facilitate food imports amid the outbreak of COVID-19.
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
15 May 2020
Revocation date:
No revocation date
Updated: 15 May 2020
State loan
In force
On 15 May 2020, the Saudi Agricultural Development Fund (ADF) granted SAR 300 million (approx. USD 79.8 million) to local farmers to increase the production of fruits and vegetable crops. The budge...
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Implementation date
15 May 2020
Revocation date:
No revocation date
Updated: 15 May 2020
Import incentive
In force
On 15 May 2020, the Saudi Agricultural Development Fund (ADF) introduced SAR 2 billion (approx. USD 532.2 million) bank guarantees to support the imports of crops such as sugar, corn, rice and soy...
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