Markets and trade
 

Detail

Area
Saudi Arabia
Commodity Group
Rice
Commodity
All
Date
05/05/2020
Policy Category
Trade
Policy Instrument
Finance and Credit Facilities
Description
Announced that it would avail a SAR 2.0 billion (USD 532 million) loan package to facilitate imports of food products and help mitigate economic impacts of the COVID-19 pandemic. The first phase of the initiative would target foodstuffs such as rice, sugar, yellow maize and soybeans.
Notes
Exchange rate as of 15 May 2020.