h 1988

Legal system:
based on laws of England and Wales, with a few adopted from Jamaica
and The Bahamas

Suffrage:
18 years of age; universal

Executive branch:
chief of state: Queen ELIZABETH II (since 6 February 1953),
represented by Governor Richard TAUWHARE (since 11 July 2005)
head of government: Chief Minister Michael Eugene MISICK (since 15
August 2003)
cabinet: Executive Council consists of three ex officio members and
five appointed by the governor from among the members of the
Legislative Council
elections: none; the monarch is hereditary; governor appointed by
the monarch; following legislative elections, the leader of the
majority party is appointed chief minister by the governor

Legislative branch:
unicameral Legislative Council (19 seats of which 13 are popularly
elected; members serve four-year terms)
elections: last held 24 April 2003 (next to be held in 2007)
election results: percent of vote by party - PDM 53.8%, PNP 46.2%;
seats by party - PDM 7, PNP 6; note - in by-elections held 7 August
2003, the PNP gained two seats for a majority of 8 seats; PDM now
has 5

Judicial branch:
Supreme Court

Political parties and leaders:
People's Democratic Movement or PDM [Derek H. TAYLOR]; Progressive
National Party or PNP [Michael Eugene MISICK]

Political pressure groups and leaders:
NA

International organization participation:
Caricom (associate), CDB, Interpol (subbureau), UPU

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 colonial shield centered on the outer half of the flag; the
shield is yellow and contains a conch shell, lobster, and cactus

Economy Turks and Caicos Islands

Economy - overview:
The Turks and Caicos economy is based on tourism, fishing, and
offshore financial services. Most capital goods and food for
domestic consumption are imported. The US is the leading source of
tourists, accounting for more than half of the annual 93,000
visitors in the late 1990s. Major sources of government revenue also
include fees from offshore financial activities and customs receipts.

GDP (purchasing power parity):
$216 million (2002 est.)

GDP - real growth rate:
4.9% (2000 est.)

GDP - per capita:
purcha