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tan, Cabinet Legislative branch: National Assembly Judicial branch: none; traditional Islamic judges and a nascent civil court system Leaders: Chief of State and Head of Government: Sultan and Prime Minister QABOOS bin Sa`id Al Sa`id (since 23 July 1970) Suffrage: none Elections: elections scheduled for October 1992 Other political or pressure groups: outlawed Popular Front for the Liberation of Oman (PFLO), based in Yemen Member of: ABEDA, AFESD, AL, AMF, ESCWA, FAO, G-77, GCC, IBRD, ICAO, IDA, IDB, IFAD, IFC, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ISO (correspondent), ITU, NAM, OIC, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WMO Diplomatic representation: Ambassador Awadh bin Badr AL-SHANFARI; Chancery at 2342 Massachusetts Avenue NW, Washington, DC 20008; telephone (202) 387-1980 through 1982 US: Ambassador Richard W. BOEHM; Embassy at address NA, Muscat (mailing address is P. O. Box 50202 Madinat Qaboos, Muscat); telephone [968] 698-989; FAX [968] 604-316 Flag: three horizontal bands of white (top, double width), red, and green (double width) with a broad, vertical, red band on the hoist side; the national emblem (a khanjar dagger in its sheath superimposed on two crossed swords in scabbards) in white is centered at the top of the vertical band :Oman Economy Overview: Economic performance is closely tied to the fortunes of the oil industry. Petroleum accounts for more than 90% of export earnings, about 80% of government revenues, and roughly 40% of GDP. Oman has proved oil reserves of 4 billion barrels, equivalent to about 20 years' supply at the current rate of extraction. Although agriculture employs a majority of the population, urban centers depend on imported food. GDP: exchange rate conversion - $10.6 billion, per capita $6,925 (1990); real growth rate 0.5% (1989) Inflation rate (consumer prices): 1.3% (1989) Unemployment rate: NA% Budget: revenues $4.9 billion; expenditures $4.9 billion, including capital expenditures of $825 million (1990) Exports: $5.5 billion (f.o.b., 1990) commodities: petroleum, reexports, fish, processed copper, fruits and vegetables partners: Japan 35%, South Korea 21%, Singapore 7%, US 6% Imports: $2.5 billion (f.o.b, 1990) commodities: machinery, transportation equipment, manufactured goods, food, livestock
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