FSIN Finances Improving

FSIN Finances Improving

Thursday, October 23, 2008 at 15:04

The Federation of Saskatchewan Indian Nations says it is on its way to paying down its $1.4 million debt.

This past fiscal year, the FSIN recorded a surplace of nearly $200,000.

Vice-Chief Glen Pratt credits cutting back on spending and utilizing a treasury board to monitor spending.

But Pratt says governments need to recognize the true cost of governance on First Nations, and provide adequate funding for them to do their jobs.

The FSIN’s goal is to pay $250,000 each year on its debt — thus eliminating it in seven years, and getting out from under Indian Affairs’ remedial management in two years.