est.)

Budget:

revenues: $2.302 billion
expenditures: $2.63 billion (2007 est.)

Fiscal year:

calendar year

Public debt:

22.2% of GDP (2007 est.)

Inflation rate (consumer prices):

8.2% (2007 est.)

Central bank discount rate:

9.95% (31 December 2007)

Commercial bank prime lending rate:

19.52% (31 December 2007)

Stock of money:

$1.261 billion (31 December 2007)

Stock of quasi money:

$1.467 billion (31 December 2007)

Stock of domestic credit:

$877.2 million (31 December 2007)

Agriculture - products:

cotton, cashew nuts, sugarcane, tea, cassava (tapioca), corn,
coconuts, sisal, citrus and tropical fruits, potatoes, sunflowers;
beef, poultry

Industries:

food, beverages, chemicals (fertilizer, soap, paints), aluminum,
petroleum products, textiles, cement, glass, asbestos, tobacco

Industrial production growth rate:

10% (2007 est.)

Electricity - production:

14.62 billion kWh (2006 est.)

Electricity - consumption:

9.555 billion kWh (2006 est.)

Electricity - exports:

12.83 billion kWh (2006 est.)

Electricity - imports:

9.839 billion kWh (2006 est.)

Electricity - production by source:

fossil fuel: 2.9%
hydro: 97.1%
nuclear: 0%
other: 0% (2001)

Oil - production:

0 bbl/day (2007 est.)

Oil - consumption:

14,390 bbl/day (2006 est.)

Oil - exports:

0 bbl/day (2005)

Oil - imports:

13,240 bbl/day (2005)

Oil - proved reserves:

0 bbl (1 January 2006 est.)

Natural gas - production:

1.65 billion cu m (2006 est.)

Natural gas - consumption:

1.45 billion cu m (2006 est.)

Natural gas - exports:

0 cu m (2005 est.)

Natural gas - imports:

0 cu m (2007 est.)

Natural gas - proved reserves:

127.4 billion cu m (1 January 2008 est.)

Current account balance:

-$795.1 million (2007 est.)

Exports:

$2.412 billion f.o.b. (2007 est.)

Exports - commodities:

aluminum, prawns, cashews, cotton, sugar, citrus, timber; bulk
electricity

Exports - partners:

Italy 19.4%, Belgium 18.4%, Spain 12.5%, South Africa 12.3%, UK
7.3%, China 4.1% (2007)

Imports:

$2.811 billion f.o.b. (2007 est.)

Imports - commodities:

machinery and equipment, vehicles, fuel, chemicals, metal products,
foodstuffs, textiles

Imports - partners:

South Africa 36.7%, Australia 8.5%, China 4.6% (2007)

Economic aid - recipient:

$1.286 billion (2005)

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