Youth Development Fund loans go astray, PAC hears

The YDF is an empowerment programme aimed at encouraging out-of-school, marginalised and unemployed youth to venture into sustainable and viable income generating projects.

The Fund offers successful applicants up to P100,000 comprising both a grant and an interest free loan. Yesterday, the Ministry Of Youth, Sports and Culture permanent secretary, Lewis Malikongwa stunned PAC members when he said the ministry could not account for the millions of Pula likely to be outstanding in the Fund.