• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Why some parishes will receive more PDM funds than others this financial year

Why some parishes will receive more PDM funds than others this financial year

August 12, 2022
Rwandan National Apprehended for Operating Unauthorized Soft Drink Factory in Uganda

Rwandan National Apprehended for Operating Unauthorized Soft Drink Factory in Uganda

September 8, 2023
Among orders probe into shs 9 billion spent to teach Ugandans how to drink coffee

Among orders probe into shs 9 billion spent to teach Ugandans how to drink coffee

September 8, 2023
Speaker threatens to slash allowances for absentee MPs

Cure front-bench mischief by throwing ministers out

September 8, 2023
PICTORIAL: Celebrity actress Shadina Blunt has a blast in Uganda!

PICTORIAL: Celebrity actress Shadina Blunt has a blast in Uganda!

September 8, 2023
Kampala roads closed as Museveni marks 79th birthday – #ugnews24

Kampala roads closed as Museveni marks 79th birthday – #ugnews24

September 8, 2023
Samia Suluhu Faces Dollar Crisis Months After Trolling Broke & Begging Neighbour

Watch Ruto Exchange Banter With Suluhu Over Azimio

September 8, 2023

UNAA convention honours Kenzo for 10-year service – Kampala Sun

September 8, 2023

VOA Newscasts

September 8, 2023
Mayanja Brothers Live in Concert: Dates and venue revealed

Mayanja Brothers Live in Concert: Dates and venue revealed

September 8, 2023
Safe Boda launches ‘Plus Ride’ package to enable passengers get Shs1m insurance compensation in case of an accident

Safe Boda launches ‘Plus Ride’ package to enable passengers get Shs1m insurance compensation in case of an accident

September 8, 2023
NDA confirms presence of ARVs in pork and chicken feeds

NDA confirms presence of ARVs in pork and chicken feeds

September 8, 2023
Why are we even here if we can’t protect children?

How we got to accusations of fake bomb threats

September 8, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, October 3, 2023
  • Login
  • Register
UGNEWS24
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • News
    • All
    • Business

    A beginner’s guide to the legendary Tim Tam biscuit, now available in America

    You can now play Bill Gates’ first PC game and run over donkeys on your iPhone, Apple Watch

    Indonesia’s largest fleet of taxis teams up to beat ride-hailing apps

    Instagram is testing photo albums, because nothing is sacred anymore

    7 February games you should get excited about

    Make yourself feel better by laughing at January’s best news bloopers

    Trump-May special relationship gets special treatment in the streets of London

    GoPro’s Karma drone is back on sale after design flaw made them fall out of the sky

    Of course this novelty ‘Final Fantasy’ fork is an oversized sword replica

    House Republicans Vote to End Rule Stopping Coal Mining Debris From Being Dumped in Streams

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
  • Lifestyle
    • All
    • Food
    • Recipes
    • Travel

    Rap group call out publication for using their image in place of ‘gang’

    Meet the woman who’s making consumer boycotts great again

    New campaign wants you to raise funds for abuse victims by ditching the razor

    Betterment moves beyond robo-advising with human financial planners

    Trump’s H-1B Visa Bill spooks India’s IT companies

    Magical fish basically has the power to conjure its own Patronus

    Getting There is Half the FUN!

    Goa Tourism Appealing Visitors From Across the Globe

    Fontainebleau A Forgotten Treasure

    I know it hurts to say goodbye, but it is time for me to fly

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
No Result
View All Result
UGNEWS24
No Result
View All Result

Why some parishes will receive more PDM funds than others this financial year

by admin
August 12, 2022
in Politics
0
Why some parishes will receive more PDM funds than others this financial year
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter
                            The Minister of State for Finance, Planning and Economic Development (Planning) Hon. Amos Lugoloobi, has revealed that some parishes will, in the Financial Year 2022/2023, receive more money than others under the Parish Development Model (PDM).

The minister made the revelation while presenting a statement to the House on the status of implementation of the PDM on Thursday, 11 August 2022.
In this financial year, each parish is expected to receive Shs100 million for disbursement through Savings and Credit Cooperative Organisations (SACCOS), compared to the Shs17 million that was allocated in the Financial Year 2021/2022.
According to Lugoloobi, 3,914 SACCOS under the PDM programme did not benefit from the Shs17 million allocated to parishes across Uganda as a revolving fund in the Financial Year 2021/2022.

                            </a>

He attributed this to non-readiness where the SACCOS did not register by 30 July 2022 but rather after the closure of the financial year; which prompted some of the revolving funds to be returned to the Consolidated Fund in accordance with the law.
He said the revolving funds that had been released to the local governments but were returned to the Consolidated Fund at the end of the Financial Year 2021/2022, will be provided to the respective parishes, upon validation of the PDM SACCOs registered.
“Additional funding shall be provided to ensure that each Parish/Ward receives the established shortfalls on the Shs17 million planned for the Financial Year 2021/2022, over and above the approved budget for the Financial Year 2022/2023,” Lugoloobi said.
He said that in the Financial Year 2021/2022, Shs139.38 billion out of the Shs234.3 billion appropriated by Parliament for PDM including supplementary funding was released, representing 60 per cent budget performance.
He added that a total of 8,267 PDM SACCOs had been registered by 31 July 2022, under the Registrar of Cooperatives under the Ministry of Trade, Industry and Cooperatives, representing 78 per cent.
The SACCOS are registered under the Cooperative Societies Act (as amended).
In the Financial Year 2022/2023, Parliament appropriated Shs1.142 trillion for the PDM programme, of which Shs1.059 trillion has been appropriated for the revolving fund.
Lugoloobi said that this allocation to the revolving fund that will serve 10,594 parishes across the country indicates that each parish will receive Shs100 million.
“These funds were appropriated to the Ministry of Finance, Planning and Economic Development, to enable direct disbursement of the revolving funds to the bank accounts of ready PDM SACCOS, upon validation and confirmation of the particulars of members,” the Minister clarified.
So far, Shs134.83 billion has been released in the first quarter of the Financial Year 2022/2023 for PDM activities, representing 11.81 percent.
Lugoloobi told the House that the finance ministry plans to release the parish revolving funds in two tranches – July and January, so that beneficiary households can plant their crops by the start of the two major rain seasons in most parts of the country.
While chairing the House, Deputy Speaker Thomas Tayebwa directed the Committee on Public Service and Local Government to update its report with figures presented in the statement, and present it before the House.
“The House gave the same assignment to the committee and their report is ready. I want the committee chairman to take this statement, update and bring it on the Floor next Wednesday for debate,” Tayebwa said.

Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com

Share this:

  • Twitter
  • More
  • Facebook

Like this:

Like Loading...
Tags: a kagoma bobi winebbc news bobi wine ugandabobi winebobi wine academic papersbobi wine agebobi wine and besigyebobi wine and familybobi wine and his familybobi wine and kenzobobi wine and musevenibobi wine arua newsbobi wine at cbsbobi wine bikwase kyagulanyibobi wine biographybobi wine bobi wangebobi wine breaking newsbobi wine breaking news todaybobi wine brothers and sistersbobi wine bukedde newsbobi wine bus duniabobi wine by farbobi wine byekwaasobobi wine byekwasobobi wine cbobi wine calorinalbobi wine campaignbobi wine carsbobi wine childrenbobi wine concertbobi wine concert 2020bobi wine contactsbobi wine credentialsbobi wine educationbobi wine housebobi wine in jinjabobi wine net worthbobi wine newsbobi wine news aljazeerabobi wine news bbcbobi wine news latestbobi wine news nowbobi wine news now livebobi wine news now todaybobi wine news todaybobi wine news today in ugandabobi wine news today videobobi wine news today youtubebobi wine news ugandabobi wine news updatesbobi wine news updates todaybobi wine news yesterdaybobi wine nonstopbobi wine online concertbobi wine songsbobi wine todaythe watchdog news ugandawatchdog latest news about hhwatchdog news appwatchdog news latestwatchdog news networkwatchdog news powaiwatchdog news south africawatchdog news sri lankawatchdog news ugandawatchdog news.orgwatchdog newspaperwatchdog newspaper imo statezambian watchdog news all today
Share196Tweet123
Previous Post

Ritah Kaggwa introduces hubby Joseph Oshunkoya

Next Post

School heads directed to display candidates’ registers – 93.3 KFM

admin

admin

Next Post
UNEB Directs Headteachers to Display Registers of Candidates

School heads directed to display candidates’ registers – 93.3 KFM

Leave a ReplyCancel reply

UGNEWS24

Copyright © 2017 JNews.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Copyright © 2017 JNews.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
%d bloggers like this: