Oranjestad/The Bottom:--- On May 25 and 26, the Board of Financial Supervision of Bonaire, Sint Eustatius, and Saba (Cft) visited Sint Eustatius and Saba. The Cft discussed the current financial situation, the government-owned entities, and ongoing projects with the Executive Councils and the Island Councils. On Saba, the Cft bade farewell to the outgoing Island Governor, Jonathan Johnson. On both islands, the Cft observes a stable improvement in the financial management, and it emphasizes the importance of continued caution in a changing environment.
Sint Eustatius
The Cft observes that in recent years, the Public Entity has made considerable progress in financial management, of which the unqualified audit opinion regarding 2024 is the most tangible result. Furthermore, Sint Eustatius has plans to enhance executive capacity, and the island continues on the path towards sustainable control. Also, with STUCO and EUTEL, Sint Eustatius has two entities that carry out important public tasks and maintain essential infrastructure. Based on the available information, the CFT finds that the entity's current operations are relatively stable, although it faces operational challenges in the near future. During its visit, the Cft visited the port, The Cliff, and the social housing project, where 36 new social rental homes are being built. These projects are important for Sint Eustatius’ economic and social development. The Cft observes that visible progress is being made in these areas.
Saba
The Cft reiterates its appreciation for the high quality of Saba's financial management. The budgets are in order and have been submitted on time. Furthermore, the Cft observes that Saba maintains these positive developments. Also, through Saba Electric Company (SEC) and Satel, Saba holds two government-owned entities that carry out public tasks and operate important infrastructure. The available information shows that the performance of these entities is also relatively stable, although they also face operational challenges. The Cft also bade farewell to Island Governor Jonathan Johnson, who is stepping down after 18 years. Mr. Johnson has made a significant contribution to Saba’s current financial situation and administrative stability. The Cft has sincerely thanked him for his years of dedication and effort.
Lastly, both islands operate in a world that is currently in a state of flux, which requires ongoing attention for careful and resilient financial policy.



PHILIPSBURG:--- The final vote — six in favor and seven against the dismissal of Minister of VROMI Patrice Gumbs of the PFP party — sent a clear and troubling message to the people of St. Maarten: for this coalition of DP, URSM, and PFP, political survival appears to matter more than public suffering.
PHILIPSBURG — The Ministry of Finance has unveiled an ambitious first-quarter reform agenda aimed at reshaping Sint Maarten’s financial future through stronger compliance, modernized systems, and citizen-focused tax relief measures. The initiatives, outlined in the government’s Finance Forward – Q1 2026 Overview, reflect what Minister of Finance Marinka J. Gumbs describes as a phased strategy to “Stabilize, Repair, Reform.”
PHILIPSBURG:--- The Police Force of Sint Maarten (KPSM) is currently conducting an ongoing investigation into a series of break-and-enter incidents reported over the past several weeks in the Belvedere, Nazareth, and Dutch Quarter areas.




