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Governor and Commander in Chief Andrew GURR (since 11 November 2007) cabinet: Executive Council consists of the governor, three ex-officio officers, and five elected members of the Legislative Council elections: the monarch is hereditary; governor is appointed by the monarch Legislative branch: unicameral Legislative Council (16 seats, including the speaker, three ex officio and 12 elected members; members are elected by popular vote to serve four-year terms) elections: last held 31 August 2005 (next to be held in 2009) election results: percent of vote - NA; seats - independents 12 Judicial branch: Magistrate's Court; Supreme Court; Court of Appeal Political parties and leaders: none Political pressure groups and leaders: other: private sector; unions International organization participation: UPU, WFTU Diplomatic representation in the US: none (overseas territory of the UK) Diplomatic representation from the US: none (overseas territory of the UK) Flag description: blue with the flag of the UK in the upper hoist-side quadrant and the Saint Helenian shield centered on the outer half of the flag; the shield features a rocky coastline and three-masted sailing ship Economy Saint Helena Economy - overview: The economy depends largely on financial assistance from the UK, which will amount to about $27 million in FY06/07 or almost 70% of annual budgetary revenues. The local population earns income from fishing, raising livestock, and sales of handicrafts. Because there are few jobs, 25% of the work force has left to seek employment on Ascension Island, on the Falklands, and in the UK. GDP (purchasing power parity): $18 million (1998 est.) GDP (official exchange rate): $NA GDP - real growth rate: NA% GDP - per capita (PPP): $2,500 (1998 est.) GDP - composition by sector: agriculture: NA% industry: NA% services: NA% Labor force: 2,486 note: 1,200 work offshore (1998 est.) Labor force - by occupation: agriculture: 6% industry: 48% services: 46% (1987 est.) Unemployment rate: 14% (1998 est.) Population below poverty line: NA% Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Budget: revenues: $13.09 million expenditures: $32.16 million note: revenue data reflect locally raised revenues only; the budget deficit is resolved by grant aid from
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