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rad Maduro; Virgin Islands Party (VIP), H. Lavity Stoutt; Independent People's Movement (IPM), Cyril B. Romney Suffrage: universal at age 18 Elections: Legislative Council--last held 30 September 1986 (next to be held by September 1991); results--percent of vote by party NA; seats--(9 total) UP 2, VIP 5, IPM 2 Communists: probably none Member of: Commonwealth Diplomatic representation: none (dependent territory of the UK) Flag: blue with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful) - Economy Overview: The economy is highly dependent on the tourist industry, which generates about 21% of the national income. In 1985 the government offered offshore registration to companies wishing to incorporate in the islands, and, in consequence, incorporation fees generated about $2 million in 1987. Livestock raising is the most significant agricultural activity. The islands' crops, limited by poor soils, are unable to meet food requirements. GDP: $106.7 million, per capita $8,900; real growth rate 2.5% (1987) Inflation rate (consumer prices): 1.7% (January 1987) Unemployment rate: NA% Budget: revenues $26.2 million; expenditures $25.4 million, including capital expenditures of $NA (1988 est.) Exports: $2.3 million (f.o.b., 1985); commodities--rum, fresh fish, gravel, sand, fruits, animals; partners--Virgin Islands (US), Puerto Rico, US Imports: $72.0 million (c.i.f., 1985); commodities--building materials, automobiles, foodstuffs, machinery; partners--Virgin Islands (US), Puerto Rico, US External debt: $4.5 million (1985) Industrial production: growth rate - 4.0% (1985) Electricity: 13,500 kW capacity; 59 million kWh produced, 4,870 kWh per capita (1989) Industries: tourism, light industry, construction, rum, concrete block, offshore financial center Agriculture: livestock (including poultry), fish, fruit, vegetables Aid: NA Currency: US currency is used Exchange rates: US currency is used Fiscal year: 1 April-31 March - Communications Highways: 106 km motorable roads (1983) Ports: Road Town Airports: 3 total, 3 usable; 2 with permanent-surface runways less than 1,220 m Telecommunications: 3,000 telephones; worldwide external telephone
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