UGANDA SHILLINGS 529 BILLION FOR PARISH DEVELOPMENT MODEL RELEASED.
Kampala-Uganda: Finance Minister #MatiaKasaija has today announced the release of the first tranche of UGX 529 billion for capitalisation of PDM SACCOs in FY 2025/26.
Starting tomorrow,all the 10,589 verified PDM SACCOs will receive UGX 50 million each directly into their PDM SACCO accounts.
In accordance with the PDM policy,we release PDM funds in two tranches of UGX 50 million for each PDM SACCO every six months.
“The Parish Development Model is no longer a theory,It is a reality. It is in your parishes. It is in your households. PDM is growing bigger,stronger and more impactful,” said Kasaija while releasing the funds at the Ministry of Finance.
We have so far transferred UGX 3.216 trillion directly to 10,589 parishes. Every single parish has now received at least UGX 300 million,and 99% of these funds have already been disbursed to 3.27 million Ugandans.
