Official sources show that the product value of the Saudi agricultural sector grew from 993 million Saudi Riyals ($256 million) in 1970 to SR 34.6 billion ($9.23 billion) in 2000, reported Al-Hayat . These figures translate into a 7.5 percent average annual growth rate. The contribution of the agricultural sector to the Kingdom’s non-oil product value grew from 3.7 percent to 10.3 percent during the same period. — (menareport.com)
© 2002 Mena Report (www.menareport.com)