Riyadh – Mubasher: Saudi Arabia’s National Development Fund (NDF) and its affiliate funds and development banks will offer more than SAR 45 billion in support to the economy during 2021, NDF Governor, Stephen P. Groff, told CNBC Arabia.
The support will target various sectors such as SMEs and human capital development, the industry, agriculture, and tourism sectors, as well as social assistance, Groff said.
The kingdom is working to set up a new national fund with the aim of attracting more investments in high-priority infrastructure projects, he revealed.