)
Political parties and leaders:
no formal parties; President KABUA is chief political (and traditional)
leader
Suffrage:
18 years of age; universal
Elections:
President:
last held 6 January 1992 (next to be held NA; results - President Amata
KABUA was reelected
Parliament:
last held 18 November 1991 (next to be held November 1995); results -
percent of vote NA; seats - (33 total)
Executive branch:
president, Cabinet
Legislative branch:
unicameral Nitijela (parliament)
Judicial branch:
Supreme Court
Leaders:
Chief of State and Head of Government:
President Amata KABUA (since 1979)
Member of:
AsDB, ESCAP, IBRD, ICAO, IFC, IMF, INTERPOL, SPARTECA, SPC, SPF, UN, UNCTAD,
WHO
Diplomatic representation in US:
chief of mission:
Ambassador Wilfred I. KENDALL
chancery:
2433 Massachusetts Avenue, NW, Washington, DC 20008
telephone:
(202) 234-5414
US diplomatic representation:
chief of mission:
Ambassador David C. FIELDS
*Marshall Islands, Government
embassy:
NA address, Majuro
mailing address:
P. O. Box 1379, Majuro, Republic of the Marshall Islands 96960-1379
telephone:
(011) 692-4011
FAX:
(011) 692-4012
Flag:
blue with two stripes radiating from the lower hoist-side corner - orange
(top) and white; there is a white star with four large rays and 20 small
rays on the hoist side above the two stripes
*Marshall Islands, Economy
Overview:
Agriculture and tourism are the mainstays of the economy. Agricultural
production is concentrated on small farms, and the most important commercial
crops are coconuts, tomatoes, melons, and breadfruit. A few cattle ranches
supply the domestic meat market. Small-scale industry is limited to
handicrafts, fish processing, and copra. The tourist industry is the primary
source of foreign exchange and employs about 10% of the labor force. The
islands have few natural resources, and imports far exceed exports. In 1987
the US Government provided grants of $40 million out of the Marshallese
budget of $55 million.
National product:
GDP - exchange rate conversion - $63 million (1989 est.)
National product real growth rate:
NA%
National product per capita:
$1,500 (1989 est.)
Inflation rate (consumer prices):
NA%
Unemployment rate:
NA%
Budget:
revenues $55 million; expenditures $NA, including capital expenditures of
$NA (1987 est.)
Exports:
$2.5 million (f.o.b., 1985)
commod
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