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1] (202) 234-7690, 7691 FAX: [1] (202) 234-2609 Diplomatic representation from the US: chief of mission: Ambassador Roger MEECE embassy: 310 Avenue des Aviateurs, Kinshasa mailing address: Unit 31550, APO AE 09828 telephone: [243] (88) 43608 FAX: [243] (88) 43467 Flag description: sky blue field divided diagonally from the lower hoist corner to upper fly corner by a red stripe bordered by two narrow yellow stripes; a yellow, five-pointed star appears in the upper hoist corner Economy Congo, Democratic Republic of the Economy - overview: The economy of the Democratic Republic of the Congo - a nation endowed with vast potential wealth - has declined drastically since the mid-1980s. The war, which began in August 1998, dramatically reduced national output and government revenue, increased external debt, and resulted in the deaths of perhaps 3.5 million people from violence, famine, and disease. Foreign businesses curtailed operations due to uncertainty about the outcome of the conflict, lack of infrastructure, and the difficult operating environment. Conditions improved in late 2002 with the withdrawal of a large portion of the invading foreign troops. The transitional government has reopened relations with international financial institutions and international donors, and President KABILA has begun implementing reforms. Much economic activity lies outside the GDP data. Economic stability improved in 2003-06, although an uncertain legal framework, corruption, and a lack of openness in government policy continues to hamper growth. In 2005-06, renewed activity in the mining sector, the source of most exports, boosted Kinshasa's fiscal position and GDP growth. Business and economic prospects are expected to improve once a new government is installed after elections. GDP (purchasing power parity): $44.6 billion (2006 est.) GDP (official exchange rate): $8.061 billion (2006 est.) GDP - real growth rate: 7.5% (2006 est.) GDP - per capita (PPP): $700 (2006 est.) GDP - composition by sector: agriculture: 55% industry: 11% services: 34% (2000 est.) Labor force: 14.51 million (1993 est.) Labor force - by occupation: agriculture: NA% industry: NA% services: NA% Unemployment rate: NA% Population below poverty line: NA% Household income or consumption by percentage share: lowest 10%: NA% highest
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