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cases; Territorial Court handles civil matters up to $50,000 small claims, juvenile, domestic, misdemeanors, and traffic cases Leaders: Chief of State and Head of Government--President George BUSH (since 20 January 1989), represented by Governor Alexander FARRELLY (since 5 January 1987); Lieutenant Governor Derek HODGE (since 5 January 1987) Political parties and leaders: Democratic Party, Marilyn Stapleton; Independent Citizens' Movement (ICM), Virdin Brown; Republican Party, Charlotte-Poole Davis Suffrage: universal at age 18; indigenous inhabitants are US citizens, but do not vote in US presidential elections Elections: Governor--last held NA 1986 (next to be held NA 1990); results--Alexander Farrelly (Democratic Party) defeated Adelbert Bryan (ICM); Senate--last held 8 November 1988 (next to be held NA); results--percent of vote by party NA; seats--(15 total) number of seats by party NA; US House of Representatives--last held 8 November 1988 (next to be held 6 November 1990); results--the Virgin Islands elects one nonvoting representative Diplomatic representation: none (territory of the US) Flag: white with a modified US coat of arms in the center between the large blue initials V and I; the coat of arms shows an eagle holding an olive branch in one talon and three arrows in the other with a superimposed shield of vertical red and white stripes below a blue panel - Economy Overview: Tourism is the primary economic activity, accounting for more than 70% of GDP and 70% of employment. The manufacturing sector consists of textile, electronics, pharmaceutical, and watch assembly plants. The agricultural sector is small with most food imported. International business and financial services are a small but growing component of the economy. The world's largest petroleum refinery is at St. Croix. GDP: $1.03 billion, per capita $9,030; real growth rate NA% (1985) Inflation rate (consumer prices): NA% Unemployment rate: 3.5% (1987) Budget: revenues $315 million; expenditures $322 million, including capital expenditures of NA (FY88) Exports: $3.4 billion (f.o.b., 1985); commodities--refined petroleum products; partners--US, Puerto Rico Imports: $3.7 billion (c.i.f., 1985); commodities--crude oil, foodstuffs, consumer goods, building materials; partners--US, Puerto Rico External debt: $NA Industrial production: growth rate 12% Electricity: 341,000 kW capacity; 507 million kWh produced
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