NADEC evaluates financial impact of subsidy removal on imported feed

31/12/2019 Argaam

 

National Agriculture Development Company (NADEC) is currently evaluating the financial impact of the elimination of subsidy on imported feed, except green fodder, it said in a bourse filing on Tuesday.

 

Any further developments will be announced in the due course, the statement said.

 

The announcement is related to the Ministry of Environment, Water and Agriculture’s resolution No. (1441/1/291035), dated December 21, 2019.

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