golese Socialist Youth or UJSC

International organization participation:
ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-77, IBRD, ICAO, ICCt,
ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC,
IOM, ITU, MIGA, NAM, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO,
UNOCI, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO

Diplomatic representation in the US:
chief of mission: Ambassador Serge MOMBOULI
FAX: [1] (202) 726-1860
telephone: [1] (202) 726-5500
chancery: 4891 Colorado Avenue NW, Washington, DC 20011

Diplomatic representation from the US:
chief of mission: Ambassador Robin R. SANDERS
embassy: NA
mailing address: NA
telephone: [243] (88) 43608
note: the embassy is temporarily collocated with the US Embassy in
the Democratic Republic of the Congo (US Embassy Kinshasa, 310
Avenue des Aviateurs, Kinshasa)

Flag description:
divided diagonally from the lower hoist side by a yellow band; the
upper triangle (hoist side) is green and the lower triangle is red;
uses the popular pan-African colors of Ethiopia

Economy Congo, Republic of the

Economy - overview:
The economy is a mixture of village agriculture and handicrafts, an
industrial sector based largely on oil, support services, and a
government characterized by budget problems and overstaffing. Oil
has supplanted forestry as the mainstay of the economy, providing a
major share of government revenues and exports. In the early 1980s,
rapidly rising oil revenues enabled the government to finance
large-scale development projects with GDP growth averaging 5%
annually, one of the highest rates in Africa. The government has
mortgaged a substantial portion of its oil earnings, contributing to
a shortage of revenues. The 12 January 1994 devaluation of Franc
Zone currencies by 50% resulted in inflation of 61% in 1994, but
inflation has subsided since. Economic reform efforts continued with
the support of international organizations, notably the World Bank
and the IMF. The reform program came to a halt in June 1997 when
civil war erupted. Denis SASSOU-NGUESSO, who returned to power when
the war ended in October 1997, publicly expressed interest in moving
forward on economic reforms and privatization and in renewing
cooperation with international financial institutions. However,
economic progress was badly hurt by slumping oil prices and the
resumption of armed conflict in Decembe