Tehran, Iran, Jul. 23
By Milad Fashtami - Trend:
Iran allocated $10 billion to the development of agriculture sector.
Deputy Agricultural Jihad Minister Abdolmehdi Bakhsahnde said that the mentioned amount will be paid out of the country's National Development Fund, Iran's IRNA News Agency reported on July 23.
"The leader of Iran's Islamic revolution has approved the decision," he explained.
Bakhshande went on to note that based on an order from the president, the 22-percent interest rate of loans allocated to the sector will be revised.
Iran is the Middle East and North Africa's greatest producer of garden products, and ranks 8th or 9th in the world, an official with the Ministry of Agricultural Jihad said on October 22.
Iran has been ranked between 8th and 10th in global fruit production in different years. In the productions of pomegranates and pistachios Iran ranks first, in dates and cherries, 3rd, 4th in the production of apples and walnuts, and, 7th in producing citrus fruits. Some 50 kinds of fruits are grown in Iran.