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UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO Diplomatic representation in the US: chief of mission: Ambassador John Ernest LEIGH chancery: 1701 19th Street NW, Washington, DC 20009 telephone: [1] (202) 939-9261 through 9263 FAX: [1] (202) 483-1793 Diplomatic representation from the US: chief of mission : Ambassador John L. HIRSCH embassy: Corner of Walpole and Siaka Stevens Streets, Freetown mailing address: use embassy street address telephone: [232] (22) 226481 through 226485 FAX : [232] (22) 225471 Flag description: three equal horizontal bands of light green (top), white, and light blue Economy Economy - overview: Sierra Leone has substantial mineral, agricultural, and fishery resources. However, the economic and social infrastructure is not well developed, and serious social disorders continue to hamper economic development. Agriculture employs about two-thirds of the working population, with subsistence agriculture dominating the sector. Manufacturing consists mainly of the processing of raw materials and of light manufacturing for the domestic market. The mining of diamonds, bauxite, and rutile is the major source of hard currency. The government has worked hard to meet its IMF- and World Bank-mandated stabilization targets, holding down fiscal deficits and retiring much of its domestic debt, but at a steep cost in terms of forgone capital investments and social spending. Moreover, the economic infrastructure has nearly collapsed due to neglect and war-related disruptions in the mining and agricultural export sectors. The continuing civil war in Liberia has led to a large influx of refugees, who place additional burdens on Sierra Leone's fragile economy. GDP: purchasing power parity - $4.7 billion (1996 est.) GDP - real growth rate: 5% (1996 est.) GDP - per capita: purchasing power parity - $980 (1996 est.) GDP - composition by sector: agriculture: 49% industry: 21% services: 30% (1995) Inflation rate - consumer price index: 5.6% (1996) Labor force: total: 1.369 million (1981 est.) by occupation: agriculture 65%, industry 19%, services 16% (1981 est.) note: only about 65,000 wage earners (1985) Unemployment rate: NA% Budget: revenues : $75 million expenditures: $128 million, including capital expenditures of $NA (FY94/95 est.) Industries: mining (diamonds, bauxite, rutile); small-scale manufacturing (beverages, textiles, cigarettes, footwear); pet
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