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WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO Diplomatic representation in the US: chief of mission: Ambassador Cheick Oumar DIARRAH chancery : 2130 R Street NW, Washington, DC 20008 telephone: [1] (202) 332-2249, 939-8950 FAX: [1] (202) 332-6603 Diplomatic representation from the US: chief of mission: Ambassador David P. RAWSON embassy: Rue Rochester NY and Rue Mohamed V, Bamako mailing address: B. P. 34, Bamako telephone: [223] 22 54 70 FAX : [223] 22 37 12 Flag description: three equal vertical bands of green (hoist side), yellow, and red; uses the popular pan-African colors of Ethiopia Economy Economy - overview: Mali is among the poorest countries in the world, with 65% of its land area desert or semidesert. Economic activity is largely confined to the riverine area irrigated by the Niger. About 10% of the population is nomadic and some 80% of the labor force is engaged in farming and fishing. Industrial activity is concentrated on processing farm commodities. Mali is heavily dependent on foreign aid and vulnerable to fluctuations in world prices for cotton, its main export. Nonetheless the government has successfully implemented an IMF-recommended structural adjustment program that is helping the economy grow, diversify, and attract foreign investment. Mali's adherence to economic reform, and the 50% devaluation of the African Franc in January 1994, has pushed up economic growth. Several multinational corporations increased gold mining operations in 1996 and the government projects that Mali will become a major Sub-Saharan gold exporter in the next few years. GDP: purchasing power parity - $5.8 billion (1995 est.) GDP - real growth rate: 5.2% (1995 est.) GDP - per capita: purchasing power parity - $600 (1995 est.) GDP - composition by sector: agriculture: 49% industry: 17% services: 34% (1995) Inflation rate - consumer price index: 12.7% (1995 est.) Labor force: total: 2.666 million (1986 est.) by occupation: agriculture 80%, services 19%, industry and commerce 1% (1981) Unemployment rate: NA% Budget: revenues : $730 million expenditures: $770 million, including capital expenditures of $NA (1997 est.) Industries: minor local consumer goods production and food processing; construction; phosphate and gold mining Industrial production growth rate: 1% (1994) Electricity - capacity: 84,100 kW (1990) Electricity - production: 235 million kWh (1995) Electricity - consumption pe
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