THE BOTTOM, Saba – The Board of Financial Supervision(Cft) has once again expressed appreciation for what it described as the high quality of Saba’s financial management.
According to the Cft, the island continues to maintain a positive trajectory, with budgets being properly prepared and submitted on time. The board stated that Saba has succeeded in maintaining the stable financial and administrative course established in recent years.
The Cft also pointed to the role of government-owned entities Saba Electric Company (SEC) and Satel, which provide essential public services and manage important infrastructure on the island. Based on the information available, both entities are currently functioning relatively stably, although operational challenges remain.
During its visit to Saba, the Cft also formally bid farewell to Island Governor Jonathan Johnson, who is stepping down after 18 years in office.
According to the board, Johnson played an important role in contributing to Saba’s current financial and administrative stability. The Cft thanked him for his many years of dedication and service to the island.
