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esults - percent of vote by party NA; seats - (14 total) number of seats by party NA House of Delegates: elections last held 4 November 1992 (next to be held NA November 1996); results - percent of vote by party NA; seats - (16 total) number of seats by party NA Judicial branch: Supreme Court; National Court; Court of Common Pleas Political parties and leaders: Palau Nationalist Party, Polycarp BASILIUS International organization participation: ESCAP (associate), SPC, SPF, UN, WHO Diplomatic representation in US: chief of mission: Ambassador (vacant); Charge d'Affaires ad interim Isaac Ngewakl SOALADAOB chancery: 2000 L Street NW, Suite 407, Washington, DC 20036 telephone: [1] (202) 452-6814 FAX: [1] (202) 452-6281 US diplomatic representation: chief of mission: Ambassador (vacant); Charge d'Affaires Richard G. WATKINS embassy: address NA, Koror mailing address: P.O. Box 6028, Republic of Palau 96940 telephone: [680] 488-2920, 2990 FAX: [680] 488-2911 Flag: light blue with a large yellow disk (representing the moon) shifted slightly to the hoist side Economy ------- Economic overview: The economy consists primarily of subsistence agriculture and fishing. The government is the major employer of the work force, relying heavily on financial assistance from the US. The population, in effect, enjoys a per capita income of $5,000, twice that of the Philippines and much of Micronesia. Long-run prospects for the tourist sector have been greatly bolstered by the expansion of air travel in the Pacific and the rapidly rising prosperity of leading East Asian countries. Reducing budgeted operating expenditures - which have increased 56% from 1989 to 1993 - will be the biggest challenge for the government over the next several years. GDP: purchasing power parity - $81.8 million (1994 est.) note: GDP numbers reflect US spending GDP real growth rate: NA% GDP per capita: $5,000 (1994 est.) GDP composition by sector: agriculture: NA% industry: NA% services: NA% Inflation rate (consumer prices): NA% Labor force: NA by occupation: NA Unemployment rate: 20% (1986) Budget: revenues: $17 million expenditures: $57 million, including capital expenditures of $NA (1995 est.) Industries: tourism, craft items (from shell, wood, pearls), some commercial fishing and agriculture Industrial production growth rate: NA%
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