Agriculture ministry to launch new feed subsidy regulation

31/12/2019 Argaam

 

Saudi Arabia’s Ministry of Environment, Water and Agriculture is set to launch a new regulation that entails granting subsidies directly to the poultry projects in the Kingdom as of Jan. 2020.

 

The ministry said in a statement on Tuesday that the new regulation falls within its strategy that aims at boosting efficiency and productivity, as well as fulfilling 60% and 100% of the market demand of poultry and eggs.

 

Almarai Co. Said it was evaluating the financial impact of lifting subsidies on feed inputs except green fodder, Argaam reported on Monday.

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website