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Food Security: 426 Mln Riyals Paid in 3rd Installment to Local Wheat Growers

The General Authority for Food Security announced the third payment to local wheat farmers who delivered their allocated quantities for the 1445/1446 (2024) season and closed their accounts through the “Mahsuli” platform on the authority’s website.

الأمن الغذائي" تصرف 426 مليون ريال مستحقات الدفعة الثالثة لمزارعي القمح المحلي | الاقتصادية

The current installment also reflects the government’s ongoing commitment to supporting the agricultural sector. It also provides essential financial aid directly to farmers.

صرف 426 مليون ريال مستحقات الدفعة الثالثة لمزارعي ...

The net amount deposited into the farmers’ bank accounts for this installment was (426,152,965) riyals, for a net quantity received of (239,855) tons, benefiting (810) farmers. Furthermore, the total amount disbursed to farmers for this season reached (1,035,865,568) riyals, for a quantity of (595,572) tons, benefiting (2,284) farmers.

Moreover, this program significantly contributes to the agricultural sector’s resilience and economic sustainability.

مزارعو المنوفية يقدمون روشتة لمواجهة إتلاف 100 مليون جوال لتعبئة القمح في موسم الحصاد - الأسبوع

The move is in tandem with the implementation of the Cabinet’s decision to approve the authority to purchase wheat from farmers for a period of (five) years not to exceed one and a half million tons per year.

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