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election; last held 3 May 2003 (next to be held NA 2005) Judicial branch: Supreme Court; District Court; Magistrate's Court Political parties and leaders: none Political pressure groups and leaders: none International organization participation: none Diplomatic representation in the US: none (territory of Australia) Diplomatic representation from the US: none (territory of Australia) Flag description: the flag of Australia is used; note - in early 1986, the Christmas Island Assembly held a design competition for an island flag, however, the winning design has never been formally adopted as the official flag of the territory Economy Christmas Island Economy - overview: Phosphate mining had been the only significant economic activity, but in December 1987 the Australian Government closed the mine. In 1991, the mine was reopened. With the support of the government, a $34 million casino opened in 1993. The casino closed in 1998. The Australian Government in 2001 agreed to support the creation of a commercial space-launching site on the island, projected to begin operations in mid-2004 GDP: purchasing power parity - NA GDP - real growth rate: NA GDP - per capita: purchasing power parity - NA GDP - composition by sector: agriculture: NA industry: NA services: NA Population below poverty line: NA Household income or consumption by percentage share: lowest 10%: NA highest 10%: NA Inflation rate (consumer prices): NA Labor force: NA Labor force - by occupation: NA Unemployment rate: NA Budget: revenues: NA expenditures: NA, including capital expenditures of NA Agriculture - products: NA Industries: tourism, phosphate extraction (near depletion) Industrial production growth rate: NA Electricity - production: NA kWh Electricity - consumption: NA kWh Exports: NA Exports - commodities: phosphate Exports - partners: Australia, NZ Imports: NA Imports - commodities: consumer goods Imports - partners: principally Australia Debt - external: NA Economic aid - recipient: NA Currency: Australian dollar (AUD) Currency code: AUD Exchange rates: Australian dollars per US dollar - 1.5419 (2003), 1.9354 (2002), 1.9320 (2001), 1.7173(2000), 1.5497 (1999) Fiscal year: 1 July - 30 June Communications Christmas Island
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