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anuary 1968 (from UN trusteeship under Australia, New Zealand, and UK); formerly Pleasant Island Constitution: 29 January 1968 Legal system: own Acts of Parliament and British common law National holiday: Independence Day, 31 January (1968) Executive branch: president, Cabinet Legislative branch: unicameral Parliament Judicial branch: Supreme Court Leaders: Chief of State and Head of Government: President Bernard DOWIYOGO (since 12 December 1989) Political parties and leaders: none Suffrage: universal and compulsory at age 20 Elections: President: last held 9 December 1989 (next to be held December 1992); results - Bernard DOWIYOGO elected by Parliament Parliament: last held on 9 December 1989 (next to be held December 1992); results - percent of vote NA; seats - (18 total) independents 18 Member of: C (special), ESCAP, ICAO, INTERPOL, ITU, SPC, SPF, UPU Diplomatic representation: Ambassador-designate Theodore Conrad MOSES resident in Melbourne (Australia); there is a Nauruan Consulate in Agana (Guam) US: the US Ambassador to Australia is accredited to Nauru Flag: blue with a narrow, horizontal, yellow stripe across the center and a large white 12-pointed star below the stripe on the hoist side; the star indicates the country's location in relation to the Equator (the yellow stripe) and the 12 points symbolize the 12 original tribes of Nauru :Nauru Economy Overview: Revenues come from the export of phosphates, the reserves of which are expected to be exhausted by the year 2000. Phosphates have given Nauruans one of the highest per capita incomes in the Third World - $10,000 annually. Few other resources exist, so most necessities must be imported, including fresh water from Australia. The rehabilitation of mined land and the replacement of income from phosphates are serious long-term problems. Substantial amounts of phosphate income are invested in trust funds to help cushion the transition. GNP: exchange rate conversion - over $90 million, per capita $10,000; real growth rate NA% (1989) Inflation rate (consumer prices): NA% Unemployment rate: 0% Budget: revenues $69.7 million; expenditures $51.5 million, including capital expenditures of $NA (FY86 est.) Exports: $93 million (f.o.b., 1984) commodities: phosphates partners:
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