National
Patriotic Party or NPP [Charles Ghankay TAYLOR] - governing party;
People's Progressive Party or PPP [Chea CHEAPOO, chairman];
Reformation Alliance Party or RAP [Henry Boimah FAHNBULLEH,
chairman]; True Whig Party or TWP [Rudolph SHERMAN, chairman];
United People's Party or UPP [Gabriel Baccus MATTHEWS, chairman];
Unity Party or UP [Charles Clarke]

Political pressure groups and leaders: NA

International organization participation: ACP, AfDB, CCC, ECA,
ECOWAS, FAO, G-77, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC,
IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat (nonsignatory user),
Interpol, IOC, IOM, ITU, NAM, OAU, OPCW, UN, UNCTAD, UNESCO, UNIDO,
UPU, WCL, WFTU, WHO, WIPO, WMO

Diplomatic representation in the US: chief of mission: Ambassador
William BULL

chancery: 5201 16th Street NW, Washington, DC 20011

telephone: [1] (202) 723-0437

FAX: [1] (202) 723-0436

consulate(s) general: New York

Diplomatic representation from the US: chief of mission: Ambassador
Bismarck MYRICK

embassy: 111 United Nations Drive, P. O. Box 10-0098, Mamba Point,
Monrovia

mailing address: use embassy street address

telephone: [231] 226-370 through 226-380

FAX: [231] 226-148

Flag description: 11 equal horizontal stripes of red (top and
bottom) alternating with white; there is a white five-pointed star
on a blue square in the upper hoist-side corner; the design was
based on the US flag

Liberia Economy

Economy - overview: A civil war in 1989-96 destroyed much of
Liberia's economy, especially the infrastructure in and around
Monrovia. Many businessmen fled the country, taking capital and
expertise with them. Some returned during 1997. Many will not
return. Richly endowed with water, mineral resources, forests, and a
climate favorable to agriculture, Liberia had been a producer and
exporter of basic products, while local manufacturing, mainly
foreign owned, had been small in scope. The democratically elected
government, installed in August 1997, inherited massive
international debts and currently relies on revenues from its
maritime registry to provide the bulk of its foreign exchange
earnings. The restoration of the infrastructure and the raising of
incomes in this ravaged economy depend on the implementation of
sound macro- and micro-economic policies of the new government,
including the encouragement of foreign investment. Recent growth has
been from a low base, and continued growth wil