The government has released the first tranche of UGX 529 billion to capitalise Parish Development Model (PDM) SACCOs for the 2025/26 financial year, Finance Minister Matia Kasaija announced on Tuesday.
Beginning tomorrow, all 10,589 verified PDM SACCOs will receive UGX 50 million each, deposited directly into their SACCO accounts. Under PDM policy, government releases funds in two tranches every six months, each SACCO receiving UGX 50 million per tranche.
Kasaija said the disbursement confirms the programmeโs steady rollout: โThe 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,โ he stated at the Ministry of Finance.
According to the ministry, government has so far transferred UGX 3.216 trillion directly to parishes since the programmeโs launch. Each of the 10,589 parishes has now received at least UGX 300 million, and 99% of these funds have been disbursed to 3.27 million beneficiaries across the country.
More disbursements under the second tranche are expected later in the financial year.
