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consists of the Senate (91 seats) and the National Assembly or Assemblee Nationale (120 seats); members are elected by direct popular vote to serve five-year terms elections: National Assembly--last held in December 1996 (next to be held NA December 2001); Senate--last held 12 January 1997 (next to be held in January 2002) election results: National Assembly--percent of vote by party--NA; seats by party--PDG 100, Morena-Bucherons/RNB 8, PUP 3, CLR 3, FAR 1, UPG 1, USG 2, PGP 2; Senate--percent of vote by party--NA; seats by party--PDG 51, RNB 17, PGP 4, ADERE 3, RDP 1, others 15 Judicial branch: Supreme Court or Cour Supreme consisting of three chambers--Judicial, Administrative, and Accounts; Constitutional Court; Courts of Appeal; Court of State Security; County Courts Political parties and leaders: African Forum for Reconstruction NA] International organization participation: ACCT, ACP, AfDB, BDEAC, CCC, CEEAC, ECA, FAO, FZ, G-24, G-77, IAEA, IBRD, ICAO, ICFTU, IDA, IDB, IFAD, IFC, IFRCS (associate), ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, MINURCA, NAM, OAU, OIC, OPCW, UDEAC, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNIDO, UPU, WCL, WHO, WIPO, WMO, WToO, WTrO Diplomatic representation in the US: chief of mission: Ambassador Paul BOUNDOUKOU-LATHA chancery: Suite 200, 2034 20th Street NW, Washington, DC 20009 consulate(s): New York Diplomatic representation from the US: chief of mission: Ambassador James V. LEDESMA embassy: Boulevard de la Mer, Libreville mailing address: B. P. 4000, Libreville Flag description: three equal horizontal bands of green (top), yellow, and blue Economy Economy--overview: Gabon enjoys a per capita income four times that of most nations of sub-Saharan Africa. This has supported a sharp decline in extreme poverty; yet because of high income inequality a large proportion of the population remains poor. Gabon depended on timber and manganese until oil was discovered offshore in the early 1970s. The oil sector now accounts for 50% of GDP. Gabon continues to face fluctuating prices for its oil, timber, manganese, and uranium exports. Despite the abundance of natural wealth, the economy is hobbled by poor fiscal management. In 1992, the fiscal deficit widened to 2.4% of GDP, and Gabon failed to settle arrears on its bilateral debt, leading to a cancellation of resched
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