6%; seats by party - MPD 50, PAICV 21, PCD 1
Judicial branch: Supreme Tribunal of Justice or Supremo Tribunal de
Justia
Political parties and leaders: Movement for Democracy or MPD [Prime
Minister Carlos VEIGA, founder and chairman]; African Party for
Independence of Cape Verde or PAICV [Pedro Verona Rodrigues PIRES,
chairman]; Party for Democratic Convergence or PCD; Social Democratic
Party or PSD [leader NA]
International organization participation: ACP, AfDB, CCC, ECA, ECOWAS,
FAO, G-77, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF,
IMO, Intelsat, Interpol, IOC, IOM (observer), ITU, NAM, OAU, UN,
UNCTAD, UNESCO, UNIDO, UPU, WCL, WHO, WMO, WTrO (applicant)
Diplomatic representation in the US:
chief of mission: Ambassador Alberto Santos SILVA CARLOS
chancery: 3415 Massachusetts Avenue NW, Washington, DC 20007
telephone: [1] (202) 965-6820
FAX: [1] (202) 965-1207
consulate(s) general: Boston
Diplomatic representation from the US:
chief of mission : Ambassador Lawrence Neal BENEDICT (17 June 1996)
embassy: Rua Abilio Macedo 81, Praia
mailing address: C. P. 201, Praia
telephone: [238] 61 56 16
FAX : [238] 61 13 55
Flag description: three horizontal bands of light blue (top, double
width), white (with a horizontal red stripe in the middle third), and
light blue; a circle of 10 yellow five-pointed stars is centered on
the hoist end of the red stripe and extends into the upper and lower
blue bands
Economy
Economy - overview: Cape Verde's low per capita GDP reflects a poor
natural resource base, serious water shortages exacerbated by cycles
of long-term drought, and a high birthrate. The economy is service
oriented, with commerce, transport, and public services accounting for
almost 70% of GDP. Although nearly 70% of the population lives in
rural areas, the share of agriculture in GNP is only 14%, of which
fishing accounts for 4%. About 90% of food must be imported. The
fishing potential, mostly lobster and tuna, is not fully exploited.
Cape Verde annually runs a high trade deficit, financed by remittances
from emigrants and foreign aid, which form important supplements to
GDP. Economic reforms, launched by the new democratic government in
1991, are aimed at developing the private sector and attracting
foreign investment to diversify the economy. Prospects for 1997 depend
heavily on the maintenance of aid flows, remittances, and the momentum
of the government's development program.
GDP: p
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