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Diplomatic representation in the US: chief of mission: Ambassador Tertius ZONGO FAX: [1] (202) 667-1882 telephone: [1] (202) 332-5577 chancery: 2340 Massachusetts Avenue NW, Washington, DC 20008 Diplomatic representation from the US: chief of mission: Ambassador Anthony HOLMES embassy: 602 Avenue Raoul Follereau, Koulouba, Secteur 4 mailing address: 01 B. P. 35, Ouagadougou 01; pouch mail - U. S. Department of State, 2440 Ouagadougou Place, Washington, DC 20521-2440 telephone: [226] 306723 FAX: [226] 303890 Flag description: two equal horizontal bands of red (top) and green with a yellow five-pointed star in the center; uses the popular pan-African colors of Ethiopia Economy Burkina Faso Economy - overview: One of the poorest countries in the world, landlocked Burkina Faso has few natural resources, a fragile soil, and a highly unequal distribution of income. About 90% of the population is engaged in (mainly subsistence) agriculture, which is vulnerable to variations in rainfall. Cotton is the key crop. Industry remains dominated by unprofitable government-controlled corporations. Following the African franc currency devaluation in January 1994 the government updated its development program in conjunction with international agencies, and exports and economic growth have increased. Maintenance of macroeconomic progress depends on continued low inflation, reduction in the trade deficit, and reforms designed to encourage private investment. The internal crisis in neighboring Cote d'Ivoire continues to hurt trade and industrial prospects and deepens the need for international assistance. GDP: purchasing power parity - $14.55 billion (2003 est.) GDP - real growth rate: 5.2% (2003 est.) GDP - per capita: purchasing power parity - $1,100 (2003 est.) GDP - composition by sector: agriculture: 39.8% industry: 19.6% services: 40.5% (2003) Investment (gross fixed): 29% of GDP (2003) Population below poverty line: 45% (2003 est.) Household income or consumption by percentage share: lowest 10%: 2% highest 10%: 46.8% (1994) Distribution of family income - Gini index: 48.2 (1994) Inflation rate (consumer prices): 1.9% (2003 est.) Labor force: 5 million note: a large part of the male labor force migrates annually to neighboring countries for seasonal employment (2003) Labor force - by occupation:
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