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FinancialNews


  • 13-12-18

    Saudi Arabia's ADF surplus hits USD1.6m

    (MENAFN) Saudi agricultural fund was revealed to have recorded almost USD1.6 million in its current fiscal year surplus.

    The figure was shown in a report the Saudi Press Agency released, citing Minister of Environment, Water and Agriculture Abdulrahman Al-Fadley.

    The Saudi minister further noted that the Saudi Agricultural Development Fund (ADF) surplus is expected to jump next year, reaching around USD17.325 million.

    In 2015, Al-Fadley added, the Saudi fund shrunk its fiscal deficit for it to stand at USD20.257 million during the third quarter of this year.

    MENAFN1312201800450000ID1097824389

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