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gent groups are active in Colombia - Revolutionary Armed Forces of Colombia (FARC), led by Manuel MARULANDA and Alfonso CANO; National Liberation Army (ELN), led by Manuel PEREZ; and dissidents of the recently demobilized People's Liberation Army (EPL) led by Francisco CARABALLO Member of: AG, CDB, CG, ECLAC, FAO, G-3, G-11, G-24, G-77, GATT, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, IDA, IFAD, IFC, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LAES, LAIA, LORCS, NAM, OAS, OPANAL, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO Diplomatic representation: Ambassador Jaime GARCIA Parra; Chancery at 2118 Leroy Place NW, Washington, DC 20008; telephone (202) 387-8338; there are Colombian Consulates General in Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico), and Consulates in Atlanta, Boston, Detroit, Los Angeles, and Tampa US: Ambassador Morris D. BUSBY; Embassy at Calle 38, No. 8-61, Bogota (mailing address is P. O. Box A. A. 3831, Bogota or APO AA 34038); telephone [57] (1) 285-1300 or 1688; FAX [571] 288-5687; there is a US Consulate in Barranquilla Flag: three horizontal bands of yellow (top, double-width), blue, and red; similar to the flag of Ecuador, which is longer and bears the Ecuadorian coat of arms superimposed in the center :Colombia Economy Overview: Economic development has slowed gradually since 1986, but growth rates remain high by Latin American standards. Conservative economic policies have kept inflation and unemployment near 30% and 10%, respectively. The rapid development of oil, coal, and other nontraditional industries over the past four years has helped to offset the decline in coffee prices - Colombia's major export. The collapse of the International Coffee Agreement in the summer of 1989, a troublesome rural insurgency, and drug-related violence have dampened growth, but significant economic reforms are likely to facilitate a resurgent economy in the medium term. These reforms center on fiscal restraint, trade liberalization, and privatization of state utilities and commercial banks. GDP: exchange rate conversion - $45 billion, per capita $1,300; real growth rate 3.7% (1990 est.) Inflation rate (consumer prices): 26.8% (1991) Unemployment rate: 10.5% (1991) Budget:
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