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D, IFC, IFRCS, ILO, IMF, Intelsat, Interpol, IOC, ITU, NAM, OAU, OIC, OPCW, PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WADB, WADB (regional), WAEMU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO Diplomatic representation in the US: chief of mission: Ambassador Bruno ZIDOUEMBA chancery: 2340 Massachusetts Avenue NW, Washington, DC 20008 telephone: (202) 332-5577 FAX: (202) 667-1882 Diplomatic representation from the US: chief of mission: Ambassador Jimmy J. KOLKER embassy: Avenue Raoul Follerau, Ouagadougou mailing address: 01 B. P. 35, Ouagadougou telephone: 306723 through 306725 FAX: 303890 Flag description: two equal horizontal bands of red (top) and green with a yellow five-pointed star in the center; uses the popular pan-African colors of Ethiopia @Burkina Faso:Economy Economy - overview: One of the poorest countries in the world, landlocked Burkina Faso has a high population density, few natural resources, and a fragile soil. About 90% of the population is engaged in (mainly subsistence) agriculture which is highly vulnerable to variations in rainfall. Industry remains dominated by unprofitable government-controlled corporations. Following the African franc currency devaluation in January 1994 the government updated its development program in conjunction with international agencies, and exports and economic growth have increased. Maintenance of its macroeconomic progress in 2000-2001 depends on continued low inflation, reduction in the trade deficit, and reforms designed to encourage private investment. GDP: purchasing power parity - $12.4 billion (1999 est.) GDP - real growth rate: 5.5% (1999 est.) GDP - per capita: purchasing power parity - $1,100 (1999 est.) GDP - composition by sector: agriculture: 36% industry: 20% services: 44% (1997) Population below poverty line: NA% Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Inflation rate (consumer prices): 2.5% (1999 est.) Labor force: 4.679 million (persons 10 years old and over, according to a sample survey taken in 1991) note: a large part of the male labor force migrates annually to neighboring countries for seasonal employment Labor force - by occupation: agriculture NA%, industry NA%, services NA% Unemployment rate: NA% Budget: revenues: $277 million expenditures: $492 million, including capital expenditures of $233 million (1995 est.) Industries: cotton lint, beverages, agricultural
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