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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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