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universal and compulsory at age 20 Elections: President: last held 31 August 1989 (next to be held NA August 1993); results - President WEE Kim Wee was reelected by Parliament without opposition Parliament: last held 31 August 1991 (next to be held 31 August 1996); results - percent of vote by party NA; seats - (81 total) PAP 77, SDP 3, WP 1 Communists: 200-500; Barisan Sosialis infiltrated by Communists; note - Communist party illegal Member of: APEC, AsDB, ASEAN, C, CCC, CP, ESCAP, G-77, GATT, IAEA, IBRD, ICAO, ICC, ICFTU, IFC, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ISO, ITU, LORCS, NAM, UN, UNCTAD, UPU, WHO, WMO Diplomatic representation: Ambassador S. R. NATHAN; Chancery at 1824 R Street NW, Washington, DC 20009; telephone (202) 667-7555 US: Ambassador Robert D. ORR; Embassy at 30 Hill Street, Singapore 0617 (mailing address is FPO AP 96534); telephone [65] 338-0251; FAX [65] 338-4550 :Singapore Government Flag: two equal horizontal bands of red (top) and white; near the hoist side of the red band, there is a vertical, white crescent (closed portion is toward the hoist side) partially enclosing five white five-pointed stars arranged in a circle :Singapore Economy Overview: Singapore has an open entrepreneurial economy with strong service and manufacturing sectors and excellent international trading links derived from its entrepot history. During the 1970s and early 1980s, the economy expanded rapidly, achieving an average annual growth rate of 9%. Per capita GDP is among the highest in Asia. The economy grew at a respectable 6.5% in 1991, down from 8.3% in 1990, in part because of a slowdown in overseas demand and lower growth in the financial and business services sector. GDP: exchange rate conversion - $38.3 billion, per capita $13,900; real growth rate 6.5% (1991 est.) Inflation rate (consumer prices): 3.4% (1991 est.) Unemployment rate: 1.5% (1991 est.) Budget: revenues $9.8 billion; expenditures $9.0 billion, including capital expenditures of $2.8 billion (FY91 est.) Exports: $57.8 billion (f.o.b., 1991 est.) commodities: includes transshipments to Malaysia - petroleum products, rubber, electronics, manufactured goods partners: US 20%, Malaysia 15%, Japan 9%, Hong Kong 7%, Thailand 6% Imports: $65.8 billion (c.i.f., 1991 est.)
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