~Central Committee handles 2022 draft budget~
SABA:--- The 2022 draft budget was discussed during a Central Committee meeting of the Island Council on Tuesday, November 9. The Executive Council has advised to approve the draft budget and to finance the US $1 million deficit, for which there is no immediate solution, through the general reserve.
Finance Commissioner Bruce Zagers said in his presentation that balancing the budget from the general reserve was not sustainable for obvious reasons, but that there were no other alternatives. He said that avoiding more intense financial supervision or having the Committee for Financial Supervision (CFT) ...
