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Fihaonana Party or FP [Guy-Willy RAZANAMASY]; I Love Madagascar or TIM [Marc RAVALOMANANA]; Renewal of the Social Democratic Party or RPSD [Evariste MARSON] Political pressure groups and leaders: Committee for the Defense of Truth and Justice or KMMR; Committee for National Reconciliation or CRN [Albert Zafy]; National Council of Christian Churches or FFKM International organization participation: ACCT, ACP, AfDB, AU, COMESA, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICCt (signatory), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, InOC, Interpol, IOC, IOM, IPU, ISO (correspondent), ITU, ITUC, MIGA, NAM, OIF, OPCW, SADC, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO Diplomatic representation in the US: chief of mission: Ambassador Narisoa RAJAONARIVONY chancery: 2374 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 265-5525, 5526 FAX: [1] (202) 265-3034 consulate(s) general: New York Diplomatic representation from the US: chief of mission: Ambassador James D. MCGEE embassy: 14-16 Rue Rainitovo, Antsahavola, Antananarivo 101 mailing address: B. P. 620, Antsahavola, Antananarivo telephone: [261] (20) 22-212-57, 22-212-73, 22-209-56 FAX: [261] (20) 22-345-39 Flag description: two equal horizontal bands of red (top) and green with a vertical white band of the same width on hoist side Economy Madagascar Economy - overview: Having discarded past socialist economic policies, Madagascar has since the mid 1990s followed a World Bank- and IMF-led policy of privatization and liberalization. This strategy placed the country on a slow and steady growth path from an extremely low level. Agriculture, including fishing and forestry, is a mainstay of the economy, accounting for more than one-fourth of GDP and employing 80% of the population. Exports of apparel have boomed in recent years primarily due to duty-free access to the United States. Deforestation and erosion, aggravated by the use of firewood as the primary source of fuel, are serious concerns. President RAVALOMANANA has worked aggressively to revive the economy following the 2002 political crisis, which triggered a 12% drop in GDP that year. Poverty reduction and combating corruption will be the centerpieces of economic policy for the next few years. GDP (purchasing power parity): $17.27 billion (2006 est.) GDP (official exchange
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