95 (next to be held NA March
1999); results - percent of vote NA; seats - (14 total) independents
14

Judicial branch: Supreme Court

Political parties and leaders: no formal parties

International organization participation: AsDB, ESCAP, IBRD, ICAO,
IDA, IFC, IMF, Intelsat, ITU, Sparteca, SPC, SPF, UN, UNCTAD, WHO,
WMO

Diplomatic representation in US:
chief of mission: Ambassador Jesse B. MAREHALAU
chancery: 1725 N Street NW, Washington, DC 20036
telephone: [1] (202) 223-4383
FAX: [1] (202) 223-4391
consulate(s) general: Honolulu and Tamuning (Guam)

US diplomatic representation:
chief of mission: Ambassador March Fong EU
embassy: address NA, Kolonia
mailing address: P. O. Box 1286, Pohnpei, Federated States of
Micronesia 96941
telephone: [691] 320-2187
FAX: [691] 320-2186

Flag: light blue with four white five-pointed stars centered; the
stars are arranged in a diamond pattern

Economy
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Economic overview: Economic activity consists primarily of
subsistence farming and fishing. The islands have few mineral
deposits worth exploiting, except for high-grade phosphate. The
potential for a tourist industry exists, but the remoteness of the
location and a lack of adequate facilities hinder development.
Financial assistance from the US is the primary source of revenue,
with the US pledged to spend $1 billion in the islands in the 1990s.
Geographical isolation and a poorly developed infrastructure are
major impediments to long-term growth.

GDP: purchasing power parity - $205 million (1994 est.)
note: GDP is supplemented by grant aid, averaging perhaps $100
million annually

GDP real growth rate: 1.4% (1994 est.)

GDP per capita: $1,700 (1994 est.)

GDP composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Inflation rate (consumer prices): 4% (1994 est.)

Labor force: NA
by occupation: two-thirds are government employees

Unemployment rate: 27% (1989)

Budget:
revenues: $45 million
expenditures: $31 million, including capital expenditures of $NA
(FY94/95 est.)

Industries: tourism, construction, fish processing, craft items
from shell, wood, and pearls

Industrial production growth rate: NA%

Electricity:
capacity: 18,000 kW
production: 40 million kWh
consumption per capita: 380 kWh (1990)

Agriculture: black pepper, tropical fruits and vegetables,
coconuts, cassava (tapioca), swee