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O, Inmarsat, Intelsat, Interpol, IOC, ISO (correspondent), ITU, NAM, OIC, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WMO, WTrO (applicant) Diplomatic representation in the US: chief of mission: Ambassador Abdallah bin Muhammad bin Aqil al-DHAHAB chancery: 2535 Belmont Road, NW, Washington, DC 20008 telephone: [1] (202) 387-1980 through 1982 FAX : [1] (202) 745-4933 Diplomatic representation from the US: chief of mission: Ambassador Frances D. COOK embassy: Jameat A'Duwal Al Arabiya Street, Al Khuwair area, Muscat mailing address: domestic - Unit 73000, Box 1, APO AE 09890-3000; international - P. O. Box 202, Code No. 115, Medinat Qaboos, Muscat telephone: [968] 698989 (Medinat Qaboos, switchboard) FAX: [968] 699779 Flag description: three horizontal bands of white, red, and green of equal width with a broad, vertical, red band on the hoist side; the national emblem (a khanjar dagger in its sheath superimposed on two crossed swords in scabbards) in white is centered at the top of the vertical band Economy Economy - overview: Economic performance is closely tied to the fortunes of the oil industry. Petroleum accounts for 75% of export earnings and government revenues and for roughly 40% of GDP. Oman has proved oil reserves of 4 billion barrels, equivalent to about 20 years' supply at the current rate of extraction. Agriculture is carried on at a subsistence level and the general population depends on imported food. The year 1996 was marked by higher oil production and prices. The government is encouraging private investment, both domestic and foreign, as a prime force for further economic development. GDP: purchasing power parity - $20.8 billion (1996 est.) GDP - real growth rate: 6.5% (1996 est.) GDP - per capita: purchasing power parity - $9,500 (1996 est.) GDP - composition by sector: agriculture : 3% industry: 55% services : 42% (1994 est.) Inflation rate - consumer price index: 0.5% (1996 est.) Labor force: total: 454,000 by occupation: agriculture 37% (1993 est.) Unemployment rate: NA% Budget: revenues : $5.3 billion expenditures: $6 billion, including capital expenditures of $NA (1997 est.) Industries: crude oil production and refining, natural gas production, construction, cement, copper Industrial production growth rate: 3% (1994 est.) Electricity - capacity: 1.74 million kW (1994) Electricity - production: 7.39 billion kWh (1994) Electricity - consumption per cap
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