Cooperatives & Communities

Don’t spend PDM money on parties, Namisindwa residents warned

NAMISINDWA – Authorities in Namisindwa district have cautioned the beneficiaries of the Parish Development Model (PDM) funds in the district against spending the received money on parties and other unproductive activities.

The PDM is a government initiative launched in early 2022 to move 3.5 million households still in the subsistence economy to the money economy with the beneficiaries funded to engage in commercial production under PDM Pillar 3 [ Financial Inclusion].

 The Namisindwa resident district commissioner, Imran Muluga, said the PDM funds are for alleviating household poverty at the parish level but are not to be spent on parties and other activities outside of the PDM.

and tasked the benefiting groups to spend the money on the enterprises they selected such as coffee growing, poultry keeping, beekeeping, and dairy farming among several others.

He made the remarks days ago while addressing the PDM beneficiaries and local leaders at the district headquarters.

The Parish Revolving Fund is meant for lending to viable income-generating activities in the production, processing, marketing, and storage of agricultural products.

“In order  for the fund to be successful in alleviating poverty, the respective individuals benefiting from PDM must first change their mindset from thinking the money is a gift from the government,” he said.

The RDC who is also the chief monitor  of government programmes in the district noted that as the PDM money has now started hitting the accounts of the beneficiaries, it is incumbent upon the parish chiefs to ensure keen monitoring of the projects under the programme.

On his part, Emma Bwayo, the Namisindwa district youth councilor said he would ensure that all the PDM funds disbursed to the beneficiaries in the district  are efficiently utilised to fight against household poverty.

He however encouraged the PDM SACCO leaders to follow the guidelines provided in the processing and disbursement of the funds to the beneficiaries who are eager to create wealth for themselves.

Under the PDM, government intends to give a total of Shs 100 million to each of the 10,594 parishes across the country this financial year 2022/23. The programme runs for five years, with government prepared to spend about Shs 1 trillion annually.

https://thecooperator.news/museveni-warns-officials-against-mismanaging-pdm-money/

Buy your copy of thecooperator magazine from one of our country-wide vending points or an e-copy on emag.thecooperator.news

Views: 0

Related Articles

Back to top button