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NWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO Diplomatic representation in the US: chief of mission: Ambassador Mahamat Adam BECHIR chancery: 2002 R Street NW, Washington, DC 20009 telephone: [1] (202) 462-4009 FAX: [1] (202) 265-1937 Diplomatic representation from the US: chief of mission: Ambassador Marc M. WALL embassy: Avenue Felix Eboue, N'Djamena mailing address: B. P. 413, N'Djamena telephone: [235] 516-211 FAX: [235] 515-654 Flag description: three equal vertical bands of blue (hoist side), yellow, and red; similar to the flag of Romania; also similar to the flags of Andorra and Moldova, both of which have a national coat of arms centered in the yellow band; design was based on the flag of France Economy Chad Economy - overview: Chad's primarily agricultural economy will continue to be boosted by major foreign direct investment projects in the oil sector that began in 2000. Over 80% of Chad's population relies on subsistence farming and livestock raising for its livelihood. Chad's economy has long been handicapped by its landlocked position, high energy costs, and a history of instability. Chad relies on foreign assistance and foreign capital for most public and private sector investment projects. A consortium led by two US companies has been investing $3.7 billion to develop oil reserves - estimated at 1 billion barrels - in southern Chad. The nation's total oil reserves has been estimated to be 2 billion barrels. Oil production came on stream in late 2003. Chad began to export oil in 2004. Cotton, cattle, and gum arabic provide the bulk of Chad's non-oil export earnings. GDP (purchasing power parity): $15.26 billion (2006 est.) GDP (official exchange rate): $5.255 billion (2006 est.) GDP - real growth rate: 7% (2006 est.) GDP - per capita (PPP): $1,500 (2006 est.) GDP - composition by sector: agriculture: 32.5% industry: 26.6% services: 40.8% (2006 est.) Labor force: 2.719 million (1993) Labor force - by occupation: agriculture: 80% (subsistence farming, herding, and fishing) industry and services: 20% Unemployment rate: NA% Population below poverty line: 80% (2001 est.) Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Inflation rate (consumer prices): 4% (2006 est.) Investment (gross fixed): 9.2% of GDP (2006 est.) Budget: revenues:
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