Unfulfilled Promises

The Bahamas are full of unfulfilled, if not outright broken, promises. An arial view of almost any island will confirm as much. So many folks have blown through and made grand promises of economic security and revolution. Every paved road in a fantasy real estate development tells the tale.

Exuma

Andros

I have to wonder if the International Development Bank sees something similar when it looks at its own investments in the fly fishing community in the Bahamas.

Turns out they invested in a program, to be led by the BFFIA, to “Support the economic empowerment of fly fishing guides.” The project was approved in December of 2014, although very little, if any, of the project seems to have been carried out.

Oddly, this BFFIA project was focused only on Andros, coincidentally the home of BFFIA President and Head Bahamian Snake-Oil Salesman.

Goal:
The general objective of the project is to enhance the skill sets and business acumen of the Andros fly fishing guides and their families while sustaining the island’s natural ecosystem.

There was about $140,000 available for the project and only about $34,500 was reported to be spent.

This project was supposed to include a market survey… ya know… like BTT did, and it appears the BFFIA at least made a go of it, as they inflated the value of the industry from 2x-4x to suit their politics, but the report is not available on the website.

Maybe some of the projects milestones were met, but it sure doesn’t look like it. I don’t have a crystal ball that reveals such details, just the project page, but it sure looks like the IDB’s 2014 investment produced some shite returns in 2017, the year their project was supposed to be wrapped up.

Go to the Bahamas though… just go to one of the places that fought for all anglers.

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