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ess (CSC), Revolutionary Union of Congolese Women (URFC), General Union of Congolese Pupils and Students (UGEEC) Member of: ACP, AfDB, CCC, Conference of East and Central African States, EAMA, ECA, EIB (associate), FAO, G-77, GATT, IBRD, ICAO, ICO, IDA, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, ITU, NAM, OAU, UDEAC, UEAC, UN, UNESCO, UPU, WFTU, WHO, WIPO, WMO Diplomatic representation: Ambassador Benjamin BOUNKOULOU; Chancery at 4891 Colorado Avenue NW, Washington DC 20011; telephone (202) 726-5500; US--Ambassador-designate James Daniel PHILLIPS; Embassy at Avenue Amilcar Cabral, Brazzaville (mailing address is B. P. 1015, Brazzaville, or Box C, APO New York 09662-0006); telephone 83-20-70 or 83-26-24 Flag: red with the national emblem in the upper hoist-side corner; the emblem includes a yellow five-pointed star above a crossed hoe and hammer (like the hammer and sickle design) in yellow, flanked by two curved green palm branches; uses the popular pan-African colors of Ethiopia - Economy Overview: Oil has supplanted forestry as the mainstay of the economy, providing about two-thirds of government revenues and exports. In the early 1980s rapidly rising oil revenues enabled Congo to finance large-scale development projects with growth averaging 5% annually, one of the highest rates in Africa. The world decline in oil prices, however, has forced the government to launch an austerity program to cope with declining receipts and mounting foreign debts. GDP: $2.2 billion, per capita $1,000; real growth rate - 3% (1988 est.) Inflation rate (consumer prices): 1.5% (1988) Unemployment rate: NA% Budget: revenues $382 million; expenditures $575 million, including capital expenditures of $118 million (1988) Exports: $912 million (f.o.b., 1987); commodities--crude petroleum 72%, lumber, plywood, coffee, cocoa, sugar, diamonds; partners--US, France, other EC Imports: $494.4 million (c.i.f., 1987); commodities--foodstuffs, consumer goods, intermediate manufactures, capital equipment; partners--France, Italy, other EC, US, FRG, Spain, Japan, Brazil External debt: $4.5 billion (December 1988) Industrial production: growth rate - 5.9% (1987) Electricity: 133,000 kW capacity; 300 million kWh produced, 130 kWh per capita (1989) Industries: crude oil, cement, sawmills, brewery, sugar mill, palm oil, soap, cigarettes Agriculture: accounts for 11% of GDP (including fishing and forestry); cassava account
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