ister,
Gibraltar Council, Council of Ministers (cabinet)

_#_Legislative branch: unicameral House of Assembly

_#_Judicial branch: Supreme Court, Court of Appeal

_#_Leaders:

Chief of State--Queen ELIZABETH II (since 6 February 1952),
represented by Governor and Commander in Chief Adm. Sir Derek
REFFELL (since NA 1989);

Head of Government--Chief Minister Joe BOSSANO (since 25 March
1988)

_#_Political parties and leaders:
Socialist Labor Party (SL), Joe BOSSANO;
Gibraltar Labor Party/Association for the Advancement of Civil
Rights (GCL/AACR), Adolfo CANEPA;
Independent Democratic Party, Joe PITALUGA

_#_Suffrage: universal at age 18, plus other UK subjects resident six
months or more

_#_Elections:

House of Assembly: last held on 24 March 1988 (next to be held
March 1992);
results--percent of vote by party NA;
seats--(18 total, 15 elected) SL 8, GCL/AACR 7

_#_Communists: negligible

_#_Other political or pressure groups: Housewives Association, Chamber
of Commerce, Gibraltar Representatives Organization

_#_Diplomatic representation: none (dependent territory of the UK)

_#_Flag: two horizontal bands of white (top, double-width) and red
with a three-towered red castle in the center of the white band; hanging
from the castle gate is a gold key centered in the red band

_*_Economy
_#_Overview: The economy depends heavily on British defense
expenditures, revenue from tourists, fees for services to shipping, and
revenues from banking and finance activities. Because more than 70% of
the economy is in the public sector, changes in government spending have
a major impact on the level of employment. Construction workers are
particularly affected when government expenditures are cut.

_#_GNP: $182 million, per capita $4,600; real growth rate 5% (FY87)

_#_Inflation rate (consumer prices): 3.6% (1988)

_#_Unemployment rate: NA%

_#_Budget: revenues $136 million; expenditures $139 million, including
capital expenditures of NA (FY88)

_#_Exports: $82 million (1988);

commodities--(principally reexports) petroleum 51%, manufactured
goods 41%, other 8%;

partners--UK, Morocco, Portugal, Netherlands, Spain, US, FRG

_#_Imports: $258 million (1988);

commodities--fuels, manufactured goods, and foodstuffs;

partners--UK, Spain, Japan, Netherlands

_#_External debt: $318 million (1987)

_#_Industrial production: growth rate NA%

_#_Electricity: 47,000 kW