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s reelected without opposition; National People's Assembly--last held 7 December 1985 (next to be held December 1990); results--PAICV is the only party; seats--(83 total) PAICV 83 Communists: a few Communists and some sympathizers Member of: ACP, AfDB, ECA, ECOWAS, FAO, G-77, GATT (de facto), IBRD, ICAO, IDA, IFAD, IFC, ILO, IMF, IMO, IPU, ITU, NAM, OAU, UN, UNESCO, UPU, WHO, WMO Diplomatic representation: Ambassador Jose Luis FERNANDES LOPES; Chancery at 3415 Massachusetts Avenue NW, Washington DC 20007; telephone (202) 965-6820; there is a Cape Verdean Consulate General in Boston; US--Ambassador Terry McNAMARA; Embassy at Rua Hojl Ya Yenna 81, Praia (mailing address is C. P. 201, Praia); telephone p238o 614-363 or 253 Flag: two equal horizontal bands of yellow (top) and green with a vertical red band on the hoist side; in the upper portion of the red band is a black five-pointed star framed by two corn stalks and a yellow clam shell; uses the popular pan-African colors of Ethiopia; similar to the flag of Guinea-Bissau which is longer and has an unadorned black star centered in the red band - Economy Overview: Cape Verde's low per capita GDP reflects a poor natural resource base, a 17-year drought, and a high birth rate. The economy is service oriented, with commerce, transport, and public services accounting for 60% of GDP during the period 1984-86. Although nearly 70% of the population lives in rural areas, agriculture's share of GDP is only 16%; the fishing and manufacturing sectors are 4% each. About 90% of food must be imported. The fishing potential of the islands is not fully exploited (the fish catch--mostly lobster and tuna--came to only 10,000 tons in 1985). Cape Verde annually runs a high trade deficit, financed by remittances from emigrants, cash grants, food aid, and foreign loans. GDP: $158 million, per capita $494; real growth rate 6.1% (1987) Inflation rate (consumer prices): 3.8% (1987) Unemployment rate: 25% (1988) Budget: revenues $80 million; expenditures $87 million, including capital expenditures of $45 million (1988 est.) Exports: $8.9 million (f.o.b., 1987); commodities--fish, bananas, salt; partners--Portugal, Angola, Algeria, Belgium/Luxembourg, Italy Imports: $124 million (c.i.f., 1987); commodities--petroleum, foodstuffs, consumer goods, industrial products; partners--Portugal, Netherlands, Spain, France, US, FRG External debt: $140 million (December 1988)
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