It is a fund affiliated to the Ministry of Agriculture and aims to:
Managing the risks that the agricultural sector is exposed to in the Kingdom and limiting its effects, compensating farmers affected by frost, compensating beneficiaries in the event of agricultural risks, building institutional capacities in the field of agricultural risk management, contributing to achieving sustainable agricultural development, encouraging farmers and beneficiaries to follow modern methods To reduce agricultural risks as much as possible
And the development of control techniques to reduce the losses caused by it