nisters
(cabinet)
Legislative branch:
unicameral Parliament; note - the National Council of Chiefs advises on
matters of custom and land
Judicial branch:
Supreme Court
Leaders:
Chief of State:
President Frederick TIMAKATA (since 30 January 1989)
Head of Government:
Prime Minister Maxime CARLOT KORMAN (since 16 December 1991); Deputy Prime
Minister Sethy REGENVANU (since 17 December 1991)
Member of:
ACCT, ACP, AsDB, C, ESCAP, FAO, G-77, IBRD, ICAO, IDA, IFC, IMF, IMO, IOC,
ITU, NAM, SPARTECA, SPC, SPF, UN, UNCTAD, UNIDO, UPU, WHO, WMO
Diplomatic representation in US:
Vanuatu does not have a mission in Washington
US diplomatic representation:
the ambassador to Papua New Guinea is accredited to Vanuatu

*Vanuatu, Government

Flag:
two equal horizontal bands of red (top) and green with a black isosceles
triangle (based on the hoist side) all separated by a black-edged yellow
stripe in the shape of a horizontal Y (the two points of the Y face the
hoist side and enclose the triangle); centered in the triangle is a boar's
tusk encircling two crossed namele leaves, all in yellow

*Vanuatu, Economy

Overview:
The economy is based primarily on subsistence farming which provides a
living for about 80% of the population. Fishing and tourism are the other
mainstays of the economy. Mineral deposits are negligible; the country has
no known petroleum deposits. A small light industry sector caters to the
local market. Tax revenues come mainly from import duties.
National product:
GDP - exchange rate conversion - $142 million (1988 est.)
National product real growth rate:
6% (1990)
National product per capita:
$900 (1988 est.)
Inflation rate (consumer prices):
5% (1990)
Unemployment rate:
NA%
Budget:
revenues $90 million; expenditures $103 million, including capital
expenditures of $45 million (1989 est.)
Exports:
$15.6 million (f.o.b., 1990 est.)
commodities:
copra 59%, cocoa 11%, meat 9%, fish 8%, timber 4%
partners:
Netherlands, Japan, France, New Caledonia, Belgium
Imports:
$60.4 million (f.o.b., 1990 est.)
commodities:
machines and vehicles 25%, food and beverages 23%, basic manufactures 18%,
raw materials and fuels 11%, chemicals 6%
partners:
Australia 36%, Japan 13%, NZ 10%, France 8%, Fiji 8%
External debt:
$30 million (1990 est.)
Industrial production:
growth rate NA%; accounts for about 10% of GDP
Electricity:
17,00