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CTAD, UNESCO, UNIDO, UPU, WHO, WMO, WTrO Diplomatic representation in US: chief of mission: Ambassador U THAUNG chancery: 2300 S Street NW, Washington, DC 20008 telephone: [1] (202) 332-9044, 9045 consulate(s) general: New York US diplomatic representation: chief of mission: Ambassador (vacant); Charge d'Affaires Marilyn A. MEYERS embassy: 581 Merchant Street, Rangoon (GPO 521) mailing address: Box B, APO AP 96546 telephone: [95] (1) 82055, 82182 (operator assistance required) FAX: [95] (1) 80409 Flag: red with a blue rectangle in the upper hoist-side corner bearing, all in white, 14 five-pointed stars encircling a cogwheel containing a stalk of rice; the 14 stars represent the 14 administrative divisions Economy ------- Economic overview: Burma has a mixed economy with about 75% private activity, mainly in agriculture, light industry, and transport, and with about 25% state-controlled activity, mainly in energy, heavy industry, and foreign trade. Government policy in the last seven years, 1989-95, has aimed at revitalizing the economy after three decades of tight central planning. Thus, private activity has markedly increased; foreign investment has been encouraged, so far with moderate success; and efforts continue to increase the efficiency of state enterprises. Published estimates of Burma's foreign trade are greatly understated because of the volume of black market trade. A major ongoing problem is the failure to achieve monetary and fiscal stability. Although Burma remains a poor Asian country, its rich resources furnish the potential for substantial long-term increases in income, exports, and living standards. GDP: purchasing power parity - $47 billion (1995 est.) GDP real growth rate: 6.8% (1995 est.) GDP per capita: $1,000 (1995 est.) GDP composition by sector: agriculture: 60% industry: 10% services: 30% (1995 est.) Inflation rate (consumer prices): 38% (1994 est.) Labor force: 16.007 million (1992) by occupation: agriculture 65.2%, industry 14.3%, trade 10.1%, government 6.3%, other 4.1% (FY88/89 est.) Unemployment rate: NA% Budget: revenues: $5.3 billion expenditures: $10 billion, including capital expenditures of $NA (1995 est.) Industries: agricultural processing; textiles and footwear; wood and wood products; petroleum refining; copper, tin, tungsten, iron; construction materials; pha
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