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sion: Ambassador Zac NSENGA FAX: [1] (202) 232-4544 telephone: [1] (202) 232-2882 chancery: 1714 New Hampshire Ave. NW, Washington, DC 20009 Diplomatic representation from the US: chief of mission: Ambassador Margaret K. McMILLION embassy: #337 Boulevard de la Revolution, Kigali mailing address: B. P. 28, Kigali telephone: [250] 50 56 01 through 03 FAX: [250] 57 2128 Flag description: three horizontal bands of sky blue (top, double width), yellow, and green, with a golden sun with 24 rays near the fly end of the blue band Economy Rwanda Economy - overview: Rwanda is a poor rural country with about 90% of the population engaged in (mainly subsistence) agriculture. It is the most densely populated country in Africa; landlocked with few natural resources and minimal industry. Primary foreign exchange earners are coffee and tea. The 1994 genocide decimated Rwanda's fragile economic base, severely impoverished the population, particularly women, and eroded the country's ability to attract private and external investment. However, Rwanda has made substantial progress in stabilizing and rehabilitating its economy to pre-1994 levels, although poverty levels are higher now. GDP has rebounded, and inflation has been curbed. Export earnings, however, have been hindered by low beverage prices, depriving the country of much needed hard currency. Attempts to diversify into non-traditional agriculture exports such as flowers and vegetables have been stymied by a lack of adequate transportation infrastructure. Despite Rwanda's fertile ecosystem, food production often does not keep pace with population growth, requiring food to be imported. Rwanda continues to receive substantial aid money and was approved for IMF-World Bank Heavily Indebted Poor Country (HIPC) initiative debt relief in late 2000. But Kigali's high defense expenditures cause tension between the government and international donors and lending agencies. GDP: purchasing power parity - $10.11 billion (2003 est.) GDP - real growth rate: 3.5% (2003 est.) GDP - per capita: purchasing power parity - $1,300 (2003 est.) GDP - composition by sector: agriculture: 40.7% industry: 21.5% services: 37.8% (2003 est.) Investment (gross fixed): 19.3% of GDP (2003) Population below poverty line: 60% (2001 est.) Household income or consumption by percentage share: lowest
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