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nt: Chief Minister Reuben T. MEADE (since October 1991) Political parties and leaders: National Progressive Party (NPP) Reuben T. MEADE; People's Liberation Movement (PLM), Noel TUITT; National Development Party (NDP), Bertrand OSBORNE; Independent (IND), Ruby BRAMBLE Suffrage: universal at age 18 Elections: Legislative Council: last held on 8 October 1991; results - percent of vote by party NA; seats - (11 total, 7 elected) NPP 4, NDP 1, PLM 1, independent 1 Member of: CARICOM, CDB, ECLAC (associate), ICFTU, OECS, WCL Diplomatic representation: none (dependent territory of the UK) Flag: blue with the flag of the UK in the upper hoist-side quadrant and the Montserratian coat of arms centered in the outer half of the flag; the coat of arms features a woman standing beside a yellow harp with her arm around a black cross :Montserrat Economy Overview: The economy is small and open with economic activity centered on tourism and construction. Tourism is the most important sector and accounted for 20% of GDP in 1986. Agriculture accounted for about 4% of GDP and industry 10%. The economy is heavily dependent on imports, making it vulnerable to fluctuations in world prices. Exports consist mainly of electronic parts sold to the US. GDP: exchange rate conversion - $54.2 million, per capita $4,500 (1988); real growth rate 10% (1990 est.) Inflation rate (consumer prices): 6.8% (1990) Unemployment rate: 3.0% (1987) Budget: revenues $12.1 million; expenditures $14.3 million, including capital expenditures of $3.2 million (1988) Exports: $2.3 million (f.o.b., 1988 est.) commodities: electronic parts, plastic bags, apparel, hot peppers, live plants, cattle partners: NA Imports: $30 million (c.i.f., 1988 est.) commodities: machinery and transportation equipment, foodstuffs, manufactured goods, fuels, lubricants, and related materials partners: NA External debt: $2.05 million (1987) Industrial production: growth rate 8.1% (1986); accounts for 10% of GDP Electricity: 5,271 kW capacity; 12 million kWh produced, 960 kWh per capita (1991) Industries: tourism; light manufacturing - rum, textiles, electronic appliances Agriculture: accounts for 4% of GDP; small-scale farming; food crops - tomatoes, onions, peppers; not self-sufficient in food, especially
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