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rsal at age 18 Elections: National Parliament: last held NA September 1990 (next expected to be held late 1992); results - seats - (360 total) Communists 280, Democratic Bloc 45 (grouping of opposition parties), other 15, vacant 20; note - these figures are approximate President: held 8 September 1991 (next to be held 7 June 1992); results - Ebulfez ELCIBEY (6,390 unofficial) Other political or pressure groups: Self-proclaimed Armenian Nagorno-Karabakh Republic Member of: CIS, CSCE, IMF, OIC, UN, UNCTAD Diplomatic representation: NA US: Ambassador (vacant); Robert MILES, Charge d'Affaires; Embassy at Hotel Intourist (telephone 8-011-7-8922-91-79-56) plus 8 hours; (mailing address is APO New York is 09862); telephone NA :Azerbaijan Government Flag: three equal horizontal bands of blue (top), red, and green; a crescent and eight-pointed star in white are centered in red band :Azerbaijan Economy Overview: Azerbaijan is less developed industrially than either Armenia or Georgia, the other Transcaucasian states. It resembles the Central Asian states in its majority Muslim population, high structural unemployment, and low standard of living. The economy's most prominent products are cotton, oil, and gas. Production from the Caspian oil and gas field has been in decline for several years. With foreign assistance, the oil industry might generate the funds needed to spur industrial development. However, civil unrest, marked by armed conflict in the Nagorno-Karabakh region between Muslim Azeris and Christian Armenians, makes foreign investors wary. Azerbaijan accounts for 1.5% to 2% of the capital stock and output of the former Soviet Union. Although immediate economic prospects are not favorable because of civil strife, lack of economic reform, political disputes about new economic arrangements, and the skittishness of foreign investors, Azerbaijan's economic performance was the best of all former Soviet republics in 1991 largely because of its reliance on domestic resources for industrial output. GDP: $NA, per capita $NA; real growth rate --0.7% (1991) Inflation rate (consumer prices): 87% (1991) Unemployment rate: NA% Budget: revenues $NA; expenditures $NA, including capital expenditures of $NA (1992) Exports: $780 million (f.o.b., 1991) commodities: oil and
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