UNIDO, UPU, WCO, WFTU, WHO, WIPO, WMO, WToO
Diplomatic representation in the US:
chief of mission: Ambassador GIRMA Asmerom
telephone: [1] (202) 319-1991
consulate(s) general: Oakland (California)
FAX: [1] (202) 319-1304
chancery: 1708 New Hampshire Avenue NW, Washington, DC 20009
Diplomatic representation from the US:
chief of mission: Ambassador Scott H. DELISI
embassy: Franklin D. Roosevelt Street, Asmara
mailing address: P. O. Box 211, Asmara
telephone: [291] (1) 120004
FAX: [291] (1) 127584
Flag description:
red isosceles triangle (based on the hoist side) dividing the flag
into two right triangles; the upper triangle is green, the lower one
is blue; a gold wreath encircling a gold olive branch is centered on
the hoist side of the red triangle
Economy Eritrea
Economy - overview:
Since independence from Ethiopia on 24 May 1993, Eritrea has faced
the economic problems of a small, desperately poor country. Like the
economies of many African nations, the economy is largely based on
subsistence agriculture, with 80% of the population involved in
farming and herding. The Ethiopian-Eritrea war in 1998-2000 severely
hurt Eritrea's economy. GDP growth fell to zero in 1999 and to
-12.1% in 2000. The May 2000 Ethiopian offensive into northern
Eritrea caused some $600 million in property damage and loss,
including losses of $225 million in livestock and 55,000 homes. The
attack prevented planting of crops in Eritrea's most productive
region, causing food production to drop by 62%. Even during the war,
Eritrea developed its transportation infrastructure, asphalting new
roads, improving its ports, and repairing war damaged roads and
bridges. Since the war ended, the government has maintained a firm
grip on the economy, expanding the use of the military and
party-owned businesses to complete Eritrea's development agenda.
Erratic rainfall and the delayed demobilization of agriculturalists
from the military kept cereal production well below normal, holding
down growth in 2002. Eritrea's economic future depends upon its
ability to master social problems such as illiteracy, unemployment,
and low skills, and to open its economy to private enterprise so the
diaspora's money and expertise can foster economic growth.
GDP:
purchasing power parity - $3.3 billion (2002 est.)
GDP - real growth rate:
2% (2002 est.)
GDP - per capita:
purc
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