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al-`Aziz AL-KAWARI, Chancery at Suite 1180, 600 New Hampshire Avenue NW, Washington, DC 20037; telephone (202) 338-0111 US: Ambassador Kenton W. KEITH; Embassy at 149 Ali Bin Ahmed St., Farig Bin Omran (opposite the television station), Doha (mailing address is P. O. Box 2399, Doha); telephone (0974) 864701 through 864703; FAX (0974) 861669 Flag: maroon with a broad white serrated band (nine white points) on the hoist side :Qatar Economy Overview: Oil is the backbone of the economy and accounts for more than 85% of export earnings and roughly 75% of government revenues. Proved oil reserves of 3.3 billion barrels should ensure continued output at current levels for about 25 years. Oil has given Qatar a per capita GDP of about $15,000, comparable to the leading industrial countries. Production and export of natural gas is becoming increasingly important. GDP: exchange rate conversion - $7.4 billion, per capita $15,000; real growth rate NA (1990) Inflation rate (consumer prices): 4.9% (1988 est.) Unemployment rate: NA% Budget: revenues $2.1 billion; expenditures $3.2 billion, including capital expenditures of $490 million (FY91 est.) Exports: $3.2 billion (f.o.b., 1990 est.) commodities: petroleum products 85%, steel, fertilizers partners: Japan 61%, Brazil 9%, UAE 3%, Singapore 3% Imports: $1.5 billion (f.o.b., 1990 est.) commodities: foodstuffs, beverages, animal and vegetable oils, chemicals, machinery and equipment partners: UK 13%, Japan 11%, US 8%, Italy 8% External debt: $1.1 billion (December 1989 est.) Industrial production: growth rate 0.6% (1987); accounts for 64% of GDP, including oil Electricity: 1,520,000 kW capacity; 4,200 million kWh produced, 8,080 kWh per capita (1991) Industries: crude oil production and refining, fertilizers, petrochemicals, steel, cement Agriculture: farming and grazing on small scale, less than 2% of GDP; commercial fishing increasing in importance; most food imported Economic aid: donor - pledged $2.7 billion in ODA to less developed countries (1979-88) Currency: Qatari riyal (plural - riyals); 1 Qatari riyal (QR) = 100 dirhams Exchange rates: Qatari riyals (QR) per US$1 - 3.6400 riyals (fixed rate) Fiscal year: 1 April - 31 March :Qatar Communications Highways: 1,500 km total; 1,000 km pave
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