FREE BOOKS

Author's List




PREV.   NEXT  
|<   574   575   576   577   578   579   580   581   582   583   584   585   586   587   588   589   590   591   592   593   594   595   596   597   598  
599   600   601   602   603   604   605   606   607   608   609   610   611   612   613   614   615   616   617   618   619   620   621   622   623   >>   >|  
ng JESSERAMSING chancery: Suite 134, 4301 Connecticut Avenue NW, Washington, DC 20008 telephone: (202) 244-1491 or 1492 US diplomatic representation: chief of mission: Ambassador vacant embassy: 4th Floor, Rogers House, John Kennedy Street, Port Louis mailing address: 4th Floor, Rogers House, John Kennedy Street, Port Louis telephone: [230] 208-9763 through 208-9767 FAX: [230] 208-9534 Flag: four equal horizontal bands of red (top), blue, yellow, and green *Mauritius, Economy Overview: The economy is based on sugar, manufacturing (mainly textiles), and tourism. Sugarcane is grown on about 90% of the cultivated land area and accounts for 40% of export earnings. The government's development strategy is centered on industrialization (with a view to exports), agricultural diversification, and tourism. Economic performance in FY91 was impressive, with 6% real growth and low unemployment. National product: GDP - exchange rate conversion - $2.5 billion (FY91 est.) National product real growth rate: 6.1% (FY91 est.) National product per capita: $2,300 (FY91 est.) Inflation rate (consumer prices): 7% (FY91) Unemployment rate: 2.4% (1991 est.) Budget: revenues $557 million; expenditures $607 million, including capital expenditures of $111 million (FY90) Exports: $1.2 billion (f.o.b., 1990) commodities: textiles 44%, sugar 40%, light manufactures 10% partners: EC and US have preferential treatment, EC 77%, US 15% Imports: $1.6 billion (f.o.b., 1990) commodities: manufactured goods 50%, capital equipment 17%, foodstuffs 13%, petroleum products 8%, chemicals 7% partners: EC, US, South Africa, Japan External debt: $869 million (1991 est.) Industrial production: growth rate 7% (1990); accounts for 25% of GDP Electricity: 235,000 kW capacity; 630 million kWh produced, 570 kWh per capita (1992) Industries: food processing (largely sugar milling), textiles, wearing apparel, chemicals, metal products, transport equipment, nonelectrical machinery, tourism Agriculture: accounts for 10% of GDP; about 90% of cultivated land in sugarcane; other products - tea, corn, potatoes, bananas, pulses, cattle, goats, fish; net food importer, especially rice and fish Illicit drugs: illicit producer of cannabis for the international drug trade Economic aid: US commitments, including Ex-Im (FY70-89), $76 million; Western (non-US)
PREV.   NEXT  
|<   574   575   576   577   578   579   580   581   582   583   584   585   586   587   588   589   590   591   592   593   594   595   596   597   598  
599   600   601   602   603   604   605   606   607   608   609   610   611   612   613   614   615   616   617   618   619   620   621   622   623   >>   >|  



Top keywords:

million

 

growth

 
National
 

product

 

accounts

 
textiles
 

tourism

 

billion

 
products
 

cultivated


equipment

 

chemicals

 

capita

 

including

 
expenditures
 

partners

 

capital

 

commodities

 

Economic

 

Rogers


telephone

 

Street

 

Kennedy

 

production

 

Industrial

 

capacity

 

External

 

Electricity

 

Imports

 
manufactured

treatment

 

preferential

 

Africa

 
petroleum
 
foodstuffs
 
produced
 

illicit

 

producer

 
cannabis
 

international


Illicit

 
importer
 
Western
 
commitments
 

Washington

 

wearing

 
apparel
 

transport

 

milling

 

largely