Nabbanja to PDM SACCOs: jealously guard this money
The government on Tuesday, at the Office of Prime Minister, disbursed Shs80.925 billion to 3,237 compliant Parish Development Model (PDM) SACCOs in quarter one of the financial year 2022/23.
Prime Minister Robinah Nabbanja has called on Savings and Credit Cooperative Organizations (SACCOs) who are receiving the Parish Development Model (PDM) money to jealously guard it.
“These funds are for the people and they shall be managed by the people! Any forms of corruption and misuse of these funds shall be severely punished,” the Prime Minister said warningly.
The government on Tuesday, at the Office of Prime Minister, disbursed Shs80.925 billion to 3,237 compliant Parish Development Model (PDM) SACCOs in quarter one of the financial year 2022/23.
The disbursement of Revolving Funds to the PDM SACCOs, the Prime Minister said is a key milestone under the implementation of the Parish Development Model.
“I wish to congratulate the responsible Ministries, Departments, Agencies and Local Governments and the people of Uganda upon this achievement,” she said, revealing that the PDM shall integrate the 39% subsistence households into the money economy.
With the role out of the PDM, and now the release of the required to some SACCOs, the parish, the Prime Minister said, is now the centre for data collection, infrastructure development, social services delivery, feedback on government services, production, co-operatives development, financial inclusion, and community mobilization as well as a mindset change.
“I, therefore, call upon the Ministry of Local Government to ensure that the Local Governments which are responsible for the community level activities under the PDM fully operationalize all PDM services and any poor performance by the Local Governments shall not be tolerated!” she elaborated.
She said the PDM program is a unique opportunity that has been provided by the NRM Government at the parish level. “You must jealously guard this money! These funds are for the people and they shall be managed by the people! Any forms of corruption and misuse of these funds shall be severely punished,”
The PDM is organized around seven pillars which are closely linked. These include Production, Storage, Processing and Marketing; Infrastructure and Economic Services; Financial Inclusion; Social Services; Community Mobilization and Mindset Change; Parish-Based Management Information systems; and Governance and Administration.
