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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