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lidarity and Progress (UNSP), Bruno AMOUSSOU; Alliance Chameleon; Alliance for Democracy and Progress (ADP), Adekpedjon AKINDES; Alliance for Social Democracy (ASD), Robert DOSSOU; Assembly of Liberal Democrats for National Reconstruction (RDL), Severin ADJOVI; Communist Party of Benin, Pascal FATONDJI, First Secretary; Our Common Cause (NCC), Albert TEVOEDJRE; Rally for Democracy and Progress (RDP); The Renaissance Party, Nicephore SOGLO International organization participation: ACCT, ACP, AfDB, ECA, ECOWAS, Entente, FAO, FZ, G-77, IBRD, ICAO, ICFTU, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, ITU, NAM, OAU, OIC, UN, UNCTAD, UNESCO, UNIDO, UNMIH, UPU, WADB, WCL, WFTU, WHO, WIPO, WMO, WToO Diplomatic representation in US: chief of mission: Ambassador Lucien Edgar TONOUKOUIN chancery: 2737 Cathedral Avenue NW, Washington, DC 20008 telephone: [1] (202) 232-6656, 6657, 6658 FAX: [1] (202) 265-1996 US diplomatic representation: chief of mission: Ambassador John M. YATES embassy: Rue Caporal Bernard Anani, Cotonou mailing address: B. P. 2012, Cotonou telephone: [229] 30-06-50, 30-05-13, 30-17-92 FAX: [229] 30-14-39, 30-19-74 Flag: two equal horizontal bands of yellow (top) and red with a vertical green band on the hoist side Economy ------- Economic overview: The economy of Benin remains underdeveloped and dependent on subsistence agriculture, cotton production, and regional trade. Growth in real output, which had averaged a sound 4% in 1990-94, rose to 6% in 1995. Rapid population growth, now 3.3% per year, offset much of this growth in output. Inflation jumped to 55% in 1994 (compared to 3% in 1993) following the 50% currency devaluation in January 1994, but subsided gradually in 1995. Commercial and transport activities, which make up 37% of GDP, are extremely vulnerable to developments in Nigeria as evidenced by decreased reexport trade in 1994 due to a severe contraction in Nigerian demand. Support by the Paris Club and official bilateral creditors has eased the external debt situation in recent years. The government, still burdened with money-losing state enterprises and a bloated civil service, has been gradually implementing a World Bank supported structural adjustment program since 1991. GDP: purchasing power parity - $7.6 billion (1995 est.) GDP real growth rate: 6% (1995 est.) GDP per
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