tan, Cabinet
Legislative branch:
National Assembly
Judicial branch:
none; traditional Islamic judges and a nascent civil court system
Leaders:
Chief of State and Head of Government:
Sultan and Prime Minister QABOOS bin Sa`id Al Sa`id (since 23 July 1970)
Suffrage:
none
Elections:
elections scheduled for October 1992
Other political or pressure groups:
outlawed Popular Front for the Liberation of Oman (PFLO), based in Yemen
Member of:
ABEDA, AFESD, AL, AMF, ESCWA, FAO, G-77, GCC, IBRD, ICAO, IDA, IDB, IFAD,
IFC, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ISO (correspondent), ITU,
NAM, OIC, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WMO
Diplomatic representation:
Ambassador Awadh bin Badr AL-SHANFARI; Chancery at 2342 Massachusetts Avenue
NW, Washington, DC 20008; telephone (202) 387-1980 through 1982
US:
Ambassador Richard W. BOEHM; Embassy at address NA, Muscat (mailing address
is P. O. Box 50202 Madinat Qaboos, Muscat); telephone [968] 698-989; FAX
[968] 604-316
Flag:
three horizontal bands of white (top, double width), red, and green (double
width) with a broad, vertical, red band on the hoist side; the national
emblem (a khanjar dagger in its sheath superimposed on two crossed swords in
scabbards) in white is centered at the top of the vertical band
:Oman Economy
Overview:
Economic performance is closely tied to the fortunes of the oil industry.
Petroleum accounts for more than 90% of export earnings, about 80% of
government revenues, and roughly 40% of GDP. Oman has proved oil reserves of
4 billion barrels, equivalent to about 20 years' supply at the current rate
of extraction. Although agriculture employs a majority of the population,
urban centers depend on imported food.
GDP:
exchange rate conversion - $10.6 billion, per capita $6,925 (1990); real
growth rate 0.5% (1989)
Inflation rate (consumer prices):
1.3% (1989)
Unemployment rate:
NA%
Budget:
revenues $4.9 billion; expenditures $4.9 billion, including capital
expenditures of $825 million (1990)
Exports:
$5.5 billion (f.o.b., 1990)
commodities:
petroleum, reexports, fish, processed copper, fruits and vegetables
partners:
Japan 35%, South Korea 21%, Singapore 7%, US 6%
Imports:
$2.5 billion (f.o.b, 1990)
commodities:
machinery, transportation equipment, manufactured goods, food, livestock
|