FREE BOOKS

Author's List




PREV.   NEXT  
|<   814   815   816   817   818   819   820   821   822   823   824   825   826   827   828   829   830   831   832   833   834   835   836   837   838  
839   840   841   842   843   844   845   846   847   848   849   850   851   852   853   854   855   856   857   858   859   860   861   862   863   >>   >|  
vote by party-NA; seats by party-NA (Republicans retained a majority of the seats) note: the Commonwealth does not have a nonvoting delegate in Congress; instead, it has an elected official or "resident representative" located in Washington, DC; seats by party-Republican 1 (Juan N. BABAUTA) Judicial branch: Commonwealth Supreme Court; Superior Court; Federal District Court Political parties and leaders: Republican Party, Benigno R. FITIAL, leader; Democratic Party, chairman (currently vacant) International organization participation: ESCAP (associate), SPC Flag description: blue with a white five-pointed star superimposed on the gray silhouette of a latte stone (a traditional foundation stone used in building) in the center, surrounded by a wreath @Northern Mariana Islands:Economy Economy-overview: The economy benefits substantially from financial assistance from the US. The rate of funding has declined as locally generated government revenues have grown. An agreement for the years 1986 to 1992 entitled the islands to $228 million for capital development, government operations, and special programs. Since 1992, funding has been extended one year at a time. The commonwealth received $27.7 million from FY93/94 through FY95/96. For FY96/97 through FY02/03, funding of $11 million will be provided for infrastructure, with an equal local match. A rapidly growing chief source of income is the tourist industry, which now employs about 50% of the work force. Japanese tourists predominate. The agricultural sector is of minor importance and is made up of cattle ranches and small farms producing coconuts, breadfruit, tomatoes, and melons. Garment production is the fastest growing industry with employment of 12,000 mostly Chinese workers and shipments of $800 million to the US in 1997 under duty and quota exemptions. GDP: purchasing power parity-$524 million (1994 est.) note: GDP numbers reflect US spending GDP-real growth rate: NA% GDP-per capita: purchasing power parity-$10,500 (1994 est.) GDP-composition by sector: agriculture: NA% industry: NA% services: NA% Inflation rate-consumer price index: 6.5% (1994 est.) Labor force: total: 7,476 total indigenous labor force; 2,699 unemployed; 22,560 foreign workers (1995) by occupation: NA Unemployment rate: 14% (residents) Budget: revenues: $190.4 million expenditures: $190.4 million, including capital expenditures of $19.1 million (FY94/95) In
PREV.   NEXT  
|<   814   815   816   817   818   819   820   821   822   823   824   825   826   827   828   829   830   831   832   833   834   835   836   837   838  
839   840   841   842   843   844   845   846   847   848   849   850   851   852   853   854   855   856   857   858   859   860   861   862   863   >>   >|  



Top keywords:

million

 

funding

 

industry

 
sector
 

revenues

 

parity

 

capital

 

purchasing

 

expenditures

 

Economy


Commonwealth
 

government

 

Republican

 

growing

 

workers

 

ranches

 

breadfruit

 

tomatoes

 

cattle

 
producing

coconuts

 

rapidly

 

source

 
provided
 

infrastructure

 

income

 
tourist
 

tourists

 

Japanese

 

predominate


agricultural

 

employs

 
melons
 

importance

 

exemptions

 

indigenous

 
unemployed
 

consumer

 

including

 

Budget


residents

 

foreign

 

occupation

 

Unemployment

 

Inflation

 

services

 

shipments

 

Chinese

 

fastest

 

production