Agricultural GDP amounts to SR 41.1 billion.The Kingdom's agricultural gross domestic product (GDP GDP (guanosine diphosphate): see guanine. ) has surpassed its previous position and now amounts to SR 41.1 billion due to a unique experiment, which has exceeded expectations and planned targets Targets that are known to exist in an operational area, and against which effects are scheduled in advance or are on-call. Examples range from targets on joint target lists in the applicable campaign plans, to targets detected in sufficient time to list in the air tasking order, . In the context of continuing national achievements, and in line with the policy of constant and unlimited support provided to one the most vital and strategic sectors of the economy, the Saudi Arabian Agricultural Bank has given out about SR 55 billion in loans and assistance to the farming sector. Now the law forming the Agricultural Development Fund has been approved. One of the main features of the law is that it replaces the law under which the Saudi Arabian Agricultural Bank was formed. The capital approved for the Agricultural Development Fund is SR 20 billion, which may be increased by a decision of the Ministerial Council. The Fund would ensure conservation of water use in agriculture and protection of the environment. The objectives of the Fund include provision of support and assistance for agricultural development through easy loans and credit facilities credit facilities npl → facilidades fpl de crédito credit facilities npl → facilités fpl de paiement credit facilities from the government. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Director General of the Agricultural Development Fund, Eng. Abdullah Bin Abdul Rahman Al Awain, changing the name of Saudi Arabian Agricultural Bank to Agricultural Development Fund indicates continuing support and concern for the agricultural sector. It is a clear indicator of the concern and care of the Custodian of the Two Holy Mosques Custodian of the Two Holy Mosques (Arabic: خادم الحرمين الشريفين), a historical term, was a pious title taken by some Caliphs and modern Saudi kings. and his Crown Prince for the agricultural sector and for those who work in this vital sector of the economy. This support and concern does not stop in different times and changing circumstances and continues in all its various forms. The legal change and increase in the capital of the Fund and increase in capacities allowed to it and to its board, would definitely increase its capability for the achievement of significant development in the agricultural sector. For the achievement of stability and continuous growth in the sector, it is necessary to make changes in the strategy aimed at realizing more and successful projects, increasing efficiency in production, conservation in the utilization of available economic resources, of which the most important is water. This may be achieved by finding solutions to the difficulties facing the agricultural sector and removing the faults in various services the sector needs at different stages, such as collection of produce, its separation and packaging, in addition to its transportation to the markets, by using reliable modes of transport to ensure safety of the produce. It should also be ensured that the places selected for storage are suited to the requirements of storage of the produce for specific periods of time, with assurance of its safekeeping Safekeeping The storage of assets or other items of value in a protected area. Notes: Individuals may use self-directed methods of safekeeping or the services of a bank or brokerage firm. until it enters the market, so that it does not perish TO PERISH. To come to an end; to cease to be; to die. 2. What has never existed cannot be said to have perished. 3. When two or more persons die by the same accident, as a shipwreck, no presumption arises that one perished before the or become spoiled. Introduction and utilization of modern and advanced technologies should also be encouraged in the provision of different services. Production capabilities should also be enhanced with the use of technologies, which should also be introduced in irrigation irrigation, in agriculture, artificial watering of the land. Although used chiefly in regions with annual rainfall of less than 20 in. (51 cm), it is also used in wetter areas to grow certain crops, e.g., rice. processes, as well as in limiting spoilage spoilage decomposition; said of meat, milk, animal feeds especially ensilage. and wastage wastage a loss of product or productivity; in terms of animal production includes losses due to deaths of animals, lowered production from survivors, including reproduction, and lost opportunity income. wastage Fetal wastage, see there in the use of water in agriculture. Saudi Economic Survey. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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