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by party--CPP 41%, FUNCINPEC 32%, SRP 14%, other 13%; seats by party--CPP 64, FUNCINPEC 43, SRP 15 note: pursuant to the coalition agreement signed in November 1998, a Senate is being created and the legislature will thus become bicameral Judicial branch: Supreme Council of the Magistracy, provided for in the constitution, was formed in December 1997; a Supreme Court and lower courts exercise judicial authority Political parties and leaders: National United Front for an Independent, Neutral, Peaceful, and Cooperative Cambodia or International organization participation: ACCT, AsDB, ASEAN (observer), CP, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat (nonsignatory user), Interpol, IOC, ISO (subscriber), ITU, NAM, OPCW, PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WToO, WTrO (applicant) Diplomatic representation in the US: chief of mission: Ambassador VAR HUOTH chancery: 4500 16th Street NW, Washington, DC 20011 Diplomatic representation from the US: chief of mission: Ambassador Kenneth M. QUINN embassy: 27 EO Street 240, Phnom Penh mailing address: Box P, APO AP 96546 Flag description: three horizontal bands of blue (top), red (double width), and blue with a white three-towered temple representing Angkor Wat outlined in black in the center of the red band Economy Economy--overview: After four years of solid macroeconomic performance, Cambodia's economy slowed dramatically in 1997-98 due to the regional economic crisis, civil violence, and political infighting. Foreign investment fell off, and tourism has declined from 1996 levels. Also, in 1998 the main harvest was hit by drought. The long-term development of the economy after decades of war remains a daunting challenge. Human resource levels in the population are low, particularly in the poverty-ridden countryside. The almost total lack of basic infrastructure in the countryside will continue to hinder development. Recurring political instability and corruption within government discourage foreign investment and delay foreign aid. Even so, growth may resume in 1999 at, say, 2%. GDP: purchasing power parity--$7.8 billion (1998 est.) GDP--real growth rate: 0% (1998 est.) GDP--per capita: purchasing power parity?$700 (1998 est.) GDP--composition by sector: agriculture: 51% industry: 15% services: 34% (1997 est.)
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