ER; Embassy at Rue Rochester NY and
Rue Mohamed V., Bamako (mailing address is B. P. 34, Bamako); telephone
[223] 223712
_#_Flag: three equal vertical bands of green (hoist side), yellow, and
red; uses the popular pan-African colors of Ethiopia
_*_Economy
_#_Overview: Mali is among the poorest countries in the world, with
about 70% of its land area desert or semidesert. Economic activity is
largely confined to the riverine area irrigated by the Niger. About 10%
of the population live as nomads and some 80% of the labor force is
engaged in agriculture and fishing. Industrial activity is concentrated
on processing farm commodities.
_#_GDP: $2.0 billion, per capita $250; real growth rate 9.9% (1989
est.)
_#_Inflation rate (consumer prices): NA% (1987)
_#_Unemployment rate: NA%
_#_Budget: revenues $329 million; expenditures $519 million, including
capital expenditures of $178 (1989 est.)
_#_Exports: $285 million (f.o.b., 1989 est.);
commodities--livestock, peanuts, dried fish, cotton, skins;
partners--mostly franc zone and Western Europe
_#_Imports: $513 million (f.o.b., 1989 est.);
commodities--textiles, vehicles, petroleum products, machinery,
sugar, cereals;
partners--mostly franc zone and Western Europe
_#_External debt: $2.2 billion (1989 est.)
_#_Industrial production: growth rate 19.9% (1989 est.); accounts
for 7% of GDP
_#_Electricity: 253,000 kW capacity; 730 million kWh produced,
90 kWh per capita (1990)
_#_Industries: small local consumer goods and processing,
construction, phosphate, gold, fishing
_#_Agriculture: accounts for 50% of GDP; most production based on
small subsistence farms; cotton and livestock products account for over
70% of exports; other crops--millet, rice, corn, vegetables, peanuts;
livestock--cattle, sheep, and goats
_#_Economic aid: US commitments, including Ex-Im (FY70-89), $349
million; Western (non-US) countries, ODA and OOF bilateral commitments
(1970-88), $2.65 billion; OPEC bilateral aid (1979-89), $92 million;
Communist countries (1970-89), $190 million
_#_Currency: Communaute Financiere Africaine franc
(plural--francs); 1 CFA franc (CFAF) = 100 centimes
_#_Exchange rates: Communaute Financiere Africaine francs (CFAF)
per US$1--256.54 (January 1991), 272.26 (1990), 319.01 (1989), 297.85
(1988), 300.54 (1987), 346.30 (1986), 449.26 (1985)
_#_Fiscal year: calendar year
_*_Communications
_#_Railroa
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