LITMIR.BIZ

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November 1960 (next election October 1995)

       head of government:

       Prime Minister Kablan Daniel DUNCAN (since 10 December 1993)

       cabinet:

       Council of Ministers; appointed by the prime minister

       Legislative branch:

       unicameral

       National Assembly (Assemblee Nationale):

       elections last held 25 November 1990 (next to be held November 1995);

       results - percent of vote by party NA; seats - (175 total) PDCI 163,

       FPI 9, PIT 1, independents 2

       Judicial branch:

       Supreme Court (Cour Supreme)

       Political parties and leaders:

       Democratic Party of the Cote d'Ivoire (PDCI), Henri Konan BEDIE;

       Ivorian Popular Front (FPI), Laurent GBAGBO; Ivorian Worker's Party

       (PIT), Francis WODIE; Ivorian Socialist Party (PSI), Morifere BAMBA;

       over 20 smaller parties

       Member of:

       ACCT, ACP, AfDB, CCC, CEAO, ECA, ECOWAS, Entente, FAO, FZ, G-24, G-77,

       GATT, IAEA, IBRD, ICAO, ICC, IDA, IFAD, IFC, ILO, IMF, IMO, INTELSAT,

       INTERPOL, IOC, ITU, LORCS, NAM, OAU, UN, UNCTAD, UNESCO, UNIDO, UPU,

       WADB, WCL, WHO, WIPO, WMO, WTO

       Diplomatic representation in US:

       chief of mission:

       Ambassador Jean-Marie KACOU-GERVAIS

       chancery:

       2424 Massachusetts Avenue NW, Washington, DC 20008

       telephone:

       (202) 797–0300

       US diplomatic representation:

       chief of mission:

       Ambassador Hume A. HORAN

       embassy:

       5 Rue Jesse Owens, Abidjan

       mailing address:

       01 B. P. 1712, Abidjan

       telephone:

       [225] 21–09-79 or 21–46-72

       FAX:

       [225] 22–32-59

       Flag:

       three equal vertical bands of orange (hoist side), white, and green;

       similar to the flag of Ireland, which is longer and has the colors

       reversed - green (hoist side), white, and orange; also similar to the

       flag of Italy, which is green (hoist side), white, and red; design was

       based on the flag of France

      @Cote d'Ivoire, Economy

      Overview:

       Cote d'Ivoire is among the world's largest producers and exporters of

       coffee, cocoa beans, and palm-kernel oil. Consequently, the economy is

       highly sensitive to fluctuations in international prices for coffee

       and cocoa and to weather conditions. Despite attempts by the

       government to diversify, the economy is still largely dependent on

       agriculture and related industries. The agricultural sector accounts

       for over one-third of GDP and about 80% of export earnings and employs

       about 85% of the labor force. A collapse of world cocoa and coffee

       prices in 1986 threw the economy into a recession, from which the

       country has yet to fully recover. Continuing weak prices for commodity

       exports, a bloated public-sector wage bill, and a large foreign debt

       will continue to constrain economic development, this despite the 50%

       currency devaluation in January 1994 designed to restore international

       price competitiveness. A large, non-competitive import-substitution

       sector continues to thrive under steep tariff and import quota

       barriers.

       National product:

       GDP - purchasing power equivalent - $21 billion (1993 est.)

       National product real growth rate:

       NA

       National product per capita:

       $1,500 (1993 est.)

       Inflation rate (consumer prices):

       1% (1991 est.)

       Unemployment rate:

       14% (1985)

       Budget:

       revenues:

       $2.3 billion

       expenditures:

       $3.6 billion, including capital expenditures of $274 million (1990

       est.)

       Exports:

       $2.8 billion (f.o.b., 1990)

       commodities:

       cocoa 30%, coffee 20%, tropical woods 11%, petroleum, cotton, bananas,

       pineapples, palm oil, cotton

       partners:

       France, FRG, Netherlands, US, Belgium, Spain (1985)

       Imports:

       $1.6 billion (f.o.b., 1990)

       commodities:

       food, capital goods, consumer goods, fuel

       partners:

       France 29%, other EC 29%, Nigeria 16%, US 4%, Japan 3% (1989)

       External debt:

       $17.3 billion (1993 est.)

       Industrial production:

       growth rate 6% (1990); accounts for 11% of GDP

       Electricity:

       capacity:

       1,210,000 kW

       production:

       1.97 billion kWh

       consumption per capita:

       150 kWh (1991)

       Industries:

       foodstuffs, wood processing, oil refinery, automobile assembly,

       textiles, fertilizer, beverage

       Agriculture:

       most important sector, contributing one-third to GDP and 80% to

       exports; cash crops include coffee, cocoa beans, timber, bananas, palm

       kernels, rubber; food crops - corn, rice, manioc, sweet potatoes; not

       self-sufficient in bread grain and dairy products

       Illicit drugs:

       illicit producer of cannabis; mostly for local consumption; some

       international drug trade; transshipment point for Southwest and

       Southeast Asian heroin to Europe and occasionally to the US

       Economic aid:

       recipient:

       US commitments, including Ex-Im (FY70–89), $356 million; Western

       (non-US) countries, ODA and OOF bilateral commitments (1970–88), $5.2

       billion

       Currency:

       1 CFA franc (CFAF) = 100 centimes

       Exchange rates:

       Communaute Financiere Africaine francs (CFAF) per US$1 - 592.05

      

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