Leaders:
Chief of State:
President Abdur Rahman BISWAS (since 8 October 1991)
Head of Government:
Prime Minister Khaleda ZIAur Rahman (since 20 March 1991)
Member of:
AsDB, C, CCC, CP, ESCAP, FAO, G-77, GATT, IAEA, IBRD, ICAO, ICFTU, IDA, IDB,
IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LORCS,
MINURSO, NAM, OIC, SAARC, UN, UNCTAD, UNESCO, UNIDO, UNIKOM, UNOMOZ, UNOSOM,
UNTAC, UNPROFOR, UPU, WHO, WFTU, WIPO, WCL, WMO, WTO
Diplomatic representation in US:
chief of mission:
Ambassador Abul AHSAN
chancery:
2201 Wisconsin Avenue NW, Washington, DC 20007
telephone:
(202) 342-8372 through 8376
consulate general:
New York
US diplomatic representation:
chief of mission:
Ambassador William B. MILAM
embassy:
Diplomatic Enclave, Madani Avenue, Baridhara, Dhaka
mailing address:
G. P. O. Box 323, Dhaka 1212
telephone: [880] (2) 884700-22
FAX:
[880] (2) 883648
Flag:
green with a large red disk slightly to the hoist side of center; green is
the traditional color of Islam
*Bangladesh, Economy
Overview:
Bangladesh is one of the world's poorest, most densely populated, and least
developed nations. Its economy is overwhelmingly agricultural. Major
impediments to growth include frequent cyclones and floods, government
interference with the economy, a rapidly growing labor force that cannot be
absorbed by agriculture, a low level of industrialization, failure to fully
exploit energy resources (natural gas), and inefficient and inadequate power
supplies. An excellent rice crop and expansion of the export garment
industry helped growth in FY91/92. Policy reforms intended to reduce
government regulation of private industry and promote public-sector
efficiency have been announced but are being implemented only slowly.
National product:
GDP - exchange rate conversion - $23.8 billion (FY92)
National product real growth rate:
3.8% (FY92)
National product per capita:
$200 (FY92)
Inflation rate (consumer prices):
5.09% (FY92)
Unemployment rate:
NA%
Budget:
revenues $2.5 billion; expenditures $3.7 billion, including capital
expenditures of $NA (FY92)
Exports:
$2.0 billion (FY92)
commodities:
garments, jute and jute goods, leather, shrimp
partners:
US 28%, Western Europe 39% (FY91)
Imports:
$3.4 billion (FY91/92)
commodities:
capital goods, petroleum, food, textiles
partners:
Japan 10.0%, Western Europe
|