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ccepted compulsory ICJ jurisdiction National holiday: Independence Day, 6 July (1964) Executive branch: president, Cabinet Legislative branch: unicameral National Assembly Judicial branch: High Court, Supreme Court of Appeal Leaders: Chief of State and Head of Government: President Dr. Hastings Kamuzu BANDA (since 6 July 1966; sworn in as President for Life 6 July 1971) Political parties and leaders: only party - Malawi Congress Party (MCP), Wadson DELEZA, administrative secretary; John TEMBO, treasurer general; top party position of secretary general vacant since 1983 Suffrage: universal at age 21 Elections: President: President BANDA sworn in as President for Life on 6 July 1971 National Assembly: last held 27-28 May 1987 (next to be held by May 1992); results - MCP is the only party; seats - (133 total, 112 elected) MCP 133 Member of: ACP, AfDB, C, CCC, ECA, FAO, G-77, GATT, IBRD, ICAO, ICFTU, IDA, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, ISO (correspondent), ITU, LORCS, NAM, OAU, SADCC, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTO Diplomatic representation: Ambassador Robert B. MBAYA; Chancery at 2408 Massachusetts Avenue NW, Washington, DC 20008; telephone (202) 797-1007 US: Ambassador Michael T. F. PISTOR; Embassy in new capital city development area, address NA (mailing address is P. O. Box 30016, Lilongwe); telephone [265] 730-166; FAX [265] 732-282 Flag: three equal horizontal bands of black (top), red, and green with a radiant, rising, red sun centered in the black band; similar to the flag of Afghanistan, which is longer and has the national coat of arms superimposed on the hoist side of the black and red bands :Malawi Economy Overview: Landlocked Malawi ranks among the world's least developed countries. The economy is predominately agricultural, with about 90% of the population living in rural areas. Agriculture accounts for 40% of GDP and 90% of export revenues. After two years of weak performance, economic growth improved significantly in 1988-91 as a result of good weather and a broadly based economic adjustment effort by the government. The economy depends on substantial inflows of economic assistance from the IMF, the World Bank, and individual donor nations. GDP: exchange rate conversion - $1.9 billion, per capita $200;
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