Soroti, Uganda | President Yoweri Kaguta Museveni has unveiled a new Special Fund under the Parish Development Model (PDM) to support unemployed university graduates and religious leaders, urging the youth to shift their mindset from job-seeking to job creation.
Addressing residents of Soroti, Museveni said the initiative will enable graduates who have been jobless for more than two years to access affordable credit and start income-generating enterprises.
He explained that the government’s focus is now on empowering citizens to become economically independent, emphasizing that educated youth must use their knowledge to innovate and generate employment for themselves and others.
Museveni said the government is creating a fund that will allow university graduates who have been jobless for over two years to borrow and start meaningful projects.
He added that religious leaders and fishermen would also receive support of about fifteen million shillings under the PDM.
The President noted that the new fund is part of broader reforms under the PDM to uplift Ugandans from subsistence to commercial productivity through targeted financing at the parish level.
He said the NRM government wants every capable Ugandan to participate in wealth creation, pointing out that graduates already possess the skills and ideas they need, but lack access to capital.
Museveni also revealed that religious leaders will benefit from the scheme to strengthen their role in community development and promote economic transformation within their congregations.
While commending the people of Teso for their resilience, the President expressed disappointment that Soroti City had not shown overwhelming support for the NRM despite the government’s visible achievements in infrastructure and social services.
He appealed to the residents of Soroti to look beyond political differences and focus on working together for the region’s transformation.
Museveni said unity and cooperation would enable the people of Teso to fully benefit from government programs like the PDM and achieve sustainable economic progress.
