Economy, Domestic Economy
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$360m for Agro Expansion

$360m for Agro Expansion$360m for Agro Expansion

About 10,000 billion rials (about $360 million based on the official exchange rate) has been allocated to support the agriculture sector, ISNA quoted Agriculture Minister Mahmoud Hojati as saying on Friday. The government seeks to promote modern irrigation methods, said the minister. Meanwhile, the CEO of Livestock Protection Company (affiliated to the ministry of agriculture), Mahdi Yasayi, announced earlier that in the light of the worsening water crisis in the country, the ministry of agriculture is pursuing the implementation of an ‘Agriculture Beyond Borders’ program, which allows for farming in foreign countries.

Financialtribune.com