nd Seychelles Liberal Party or SLP
Political pressure groups and leaders: Roman Catholic Church; trade
unions
International organization participation: ACCT, ACP, AfDB, C, ECA,
FAO, G-77, IBRD, ICAO, ICFTU, ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO,
InOC, Intelsat (nonsignatory user), Interpol, IOC, ISO
(correspondent), NAM, OAU, OPCW, SADC, UN, UNCTAD, UNESCO, UNIDO, UPU,
WCL, WHO, WMO, WToO, WTrO (applicant)
Diplomatic representation in the US:
chief of mission: Ambassador Harold Walter GEISEL
chancery: 800 Second Avenue, Suite 400C, New York, NY 10017
telephone: (212) 972-1785
FAX: (212) 972-1786
Diplomatic representation from the US: the US does not have an embassy
in Seychelles; the ambassador to Mauritius is accredited to Seychelles
Flag description: five oblique bands of blue (hoist side), yellow,
red, white, and green (bottom) radiating from the bottom of the hoist
side
@Seychelles:Economy
Economy - overview: Since independence in 1976, per capita output in
this Indian Ocean archipelago has expanded to roughly seven times the
old near-subsistence level. Growth has been led by the tourist sector,
which employs about 30% of the labor force and provides more than 70%
of hard currency earnings, and by tuna fishing. In recent years the
government has encouraged foreign investment in order to upgrade
hotels and other services. At the same time, the government has moved
to reduce the dependence on tourism by promoting the development of
farming, fishing, and small-scale manufacturing. The vulnerability of
the tourist sector was illustrated by the sharp drop in 1991-92 due
largely to the Gulf war. Although the industry has rebounded, the
government recognizes the continuing need for upgrading the sector in
the face of stiff international competition. Other issues facing the
government are the curbing of the budget deficit and further
privatization of public enterprises. Growth slowed in 1998-99, due to
sluggish tourist and tuna sectors.
GDP: purchasing power parity - $590 million (1999 est.)
GDP - real growth rate: 1.8% (1999 est.)
GDP - per capita: purchasing power parity - $7,500 (1999 est.)
GDP - composition by sector:
agriculture: 4%
industry: 21%
services: 75% (1996)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 3% (1999)
Labor force: 26,000 (1996)
Labor force - by oc
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