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IDA, IDB, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LORCS, MINURSO, NAM, OIC, SAARC, UN, UNCTAD, UNESCO, UNIDO, UNIKOM, UNOMIG, UNOMOZ, UNOMUR, UNOSOM, UNPROFOR, UNTAC, UPU, WCL, WHO, WFTU, WIPO, WMO, WTO Diplomatic representation in US: chief of mission: Ambassador Abul AHSAN chancery: 2201 Wisconsin Avenue NW, Washington, DC 20007 telephone: (202) 342-8372 through 8376 consulate(s) general: New York US diplomatic representation: chief of mission: Ambassador David MERRILL embassy: Diplomatic Enclave, Madani Avenue, Baridhara, Dhaka mailing address: G. P. O. Box 323, Dhaka 1212 telephone: [880] (2) 884700-22 FAX: [880] (2) 883-744 Flag: green with a large red disk slightly to the hoist side of center; green is the traditional color of Islam @Bangladesh, Economy Overview: Bangladesh is one of the world's poorest, most densely populated, and least developed nations. Its economy is overwhelmingly agricultural, with the cultivation of rice the single most important activity in the economy. Major impediments to growth include frequent cyclones and floods, government interference with the economy, a rapidly growing labor force that cannot be absorbed by agriculture, a low level of industrialization, failure to fully exploit energy resources (natural gas), and inefficient and inadequate power supplies. Excellent rice crops and expansion of the export garment industry helped growth in FY92 and FY93. Policy reforms intended to reduce government regulation of private industry and promote public-sector efficiency have been announced but are being implemented only slowly. National product: GDP - purchasing power equivalent - $122 billion (1993 est.) National product real growth rate: 4.3% (FY93) National product per capita: $1,000 (1993 est.) Inflation rate (consumer prices): 1.4% (FY93) Unemployment rate: NA% Budget: revenues: $2.5 billion expenditures: $3.7 billion, including capital expenditures of $NA (FY92) Exports: $2.1 billion (FY93) commodities: garments, jute and jute goods, leather, shrimp partners: US 33%, Western Europe 39% (Germany 8.4%, Italy 6%) (FY92 est.) Imports: $3.5 billion (FY93) commodities: capital goods, petroleum, food, textiles partners: Hong Kong 7.5%, Singapore 7.4%, China 7.4%, Japan 7.1% (FY92 est.) External debt: $13.5 billion (June 1993) Industrial production
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