LITMIR.BIZ

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in May 1993; the constituent assembly was

       transformed into a legislature in September 1993 after delegates

       promulgated the constitution

       Judicial branch:

       Supreme Court established under the constitution has not yet been

       established and the future judicial system is yet to be defined by law

       Political parties and leaders:

       National United Front for an Independent, Neutral, Peaceful, and

       Cooperative Cambodia (FUNCINPEC) under Prince NORODOM RANARIDDH;

       Cambodian Pracheachon Party or Cambodian People's Party (CPP) under

       CHEA SIM; Buddhist Liberal Democratic Party under SON SANN; Democratic

       Kampuchea (DK, also known as the Khmer Rouge) under KHIEU SAMPHAN

       Member of:

       ACCT (observer), AsDB, CP, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, IDA,

       IFAD, ILO, IMF, IMO, INTELSAT (nonsignatory user), INTERPOL, ITU,

       LORCS, NAM, PCA, UN, UNCTAD, UNESCO, UPU, WFTU, WHO, WMO, WTO

       Diplomatic representation in US:

       Ambassador SISOWATH SIRIRATH represents Cambodia at the United Nations

       US diplomatic representation:

       chief of mission:

       Ambassador Charles H. TWINING

       embassy:

       27 EO Street 240, Phnom Penh

       mailing address:

       Box P, APO AP 96546

       telephone:

       (855) 23–26436 or (855) 23–26438

       FAX:

       (855) 23–26437

       Flag:

       horizontal band of red separates two equal horizontal bands of blue

       with a white three-towered temple representing Angkor Wat in the

       center

      @Cambodia, Economy

      Overview:

       The Cambodian economy - virtually destroyed by decades of war - is

       slowly recovering. Government leaders are moving toward restoring

       fiscal and monetary discipline and have established good working

       relations with international financial institutions. Despite such

       positive developments, the reconstruction effort faces many tough

       challenges. Rural Cambodia, where 90% of almost ten million Khmer

       live, remains mired in poverty. The almost total lack of basic

       infrastructure in the countryside will hinder development and will

       contribute to a growing imbalance in growth between urban and rural

       areas over the near term. Moreover, the new government's lack of

       experience in administering economic and technical assistance

       programs, and rampant corruption among officials, will slow the growth

       of critical public sector investment. Inflation for 1993 as a whole

       was 60%, less than a quarter of the 1992 rate, and was declining

       during the year. The government hoped the rate would fall to 10% in

       early 1994.

       National product:

       GDP - purchasing power equivalent - $6 billion (1993 est.)

       National product real growth rate:

       7.5% (1993 est.)

       National product per capita:

       $600 (1993 est.)

       Inflation rate (consumer prices):

       60% (1993 est.)

       Unemployment rate:

       NA%

       Budget:

       revenues:

       $350 million

       expenditures:

       $350 million, including capital expenditures of $133 million (1994

       est.)

       Exports:

       $70 million (f.o.b., 1992 est.)

       commodities:

       natural rubber, rice, pepper, raw timber

       partners:

       Thailand, Japan, India, Singapore, Malaysia, China, Vietnam

       Imports:

       $360 million (c.i.f., 1992 est.)

       commodities:

       international food aid; fuels, consumer goods, machinery

       partners:

       Japan, India, Singapore, Malaysia, Thailand, China, Vietnam

       External debt:

       total outstanding bilateral official debt to OECD members $248 million

       (yearend 1991), plus 840 million ruble debt to former CEMA countries

       Industrial production:

       growth rate 15.6% (year NA); accounts for 10% of GDP

       Electricity:

       capacity:

       35,000 kW

       production:

       70 million kWh

       consumption per capita:

       9 kWh (1990)

       Industries:

       rice milling, fishing, wood and wood products, rubber, cement, gem

       mining

       Agriculture:

       accounts for 50% of GDP; mainly subsistence farming except for rubber

       plantations; main crops - rice, rubber, corn; food shortages - rice,

       meat, vegetables, dairy products, sugar, flour

       Illicit drugs:

       secondary transshipment country for heroin produced in the Golden

       Triangle

       Economic aid:

       recipient:

       US commitments, including Ex-Im (FY70–89), $725 million; Western

       (non-US countries) (1970–89), $300 million; Communist countries

       (1970–89), $1.8 billion; donor countries and multilateral institutions

       pledged $880 million in assistance in 1992

       Currency:

       1 new riel (CR) = 100 sen

       Exchange rates:

       riels (CR) per US$1 - 2,390 (December 1993), 2,800 (September 1992),

       500 (December 1991), 560 (1990), 159.00 (1988), 100.00 (1987)

       Fiscal year:

       calendar year

      @Cambodia, Communications

      Railroads:

       612 km 1.000-meter gauge, government owned

       Highways:

       total:

       13,351 km (some roads in serious disrepair)

       paved:

       bituminous 2,622 km

       unpaved:

       crushed stone, gravel, or improved earth 7,105 km; unimproved earth

       3,624 km

       Inland waterways:

       3,700 km

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