r 1996); results - percent of vote by party NA; seats - (14
total) number of seats by party NA
House of Delegates: elections last held 4 November 1992 (next to be
held NA November 1996); results - percent of vote by party NA; seats -
(16 total) number of seats by party NA

Judicial branch: Supreme Court, National Court, Court of Common Pleas

Member of: ESCAP (associate), SPC, SPF (observer), UN

Diplomatic representation in US:
chief of mission: Liaison Officer NA
liaison office: 444 North Capital Street NW, Washington, DC 20036
telephone: (202) 624-7793
FAX: NA
note: relationship of free association with the US pursuant to compact
of free association which entered into force 1 October 1994

US diplomatic representation:
chief of mission: Liaison Officer Lloyd W. MOSS
liaison office: Erenguul Street, Koror, Republic of Palau
mailing address: P.O. Box 6028, Republic of Palau 96940
telephone: [680] 488-2920
FAX: [680] 488-2911
note: relationship of free association with the US pursuant to compact
of free association which entered into force 1 October 1994

Flag: light blue with a large yellow disk (representing the moon)
shifted slightly to the hoist side

@Palau:Economy

Overview: The economy consists primarily of subsistence agriculture
and fishing. The government is the major employer of the work force,
relying heavily on financial assistance from the US. The compact of
"free association" with the United States, entered into after the end
of the UN trusteeship on 1 October 1994, provides Palau with $500
million in US aid over 15 years in return for furnishing some military
facilities. The population, in effect, enjoys a per capita income of
$5,000, twice that of the Philippines and much of Micronesia. Long-run
prospects for the tourist sector have been greatly bolstered by the
expansion of air travel in the Pacific and the rapidly rising
prosperity of leading East Asian countries.

National product: GDP - purchasing power parity - $81.8 million (1994
est.)
note: GDP numbers reflect US spending

National product real growth rate: NA%

National product per capita: $5,000 (1994 est.)

Inflation rate (consumer prices): NA%

Unemployment rate: 20% (1986)

Budget:
revenues: $6 million
expenditures: $NA, including capital expenditures of $NA (1986 est.)

Exports: $600,000 (f.o.b., 1989)
commodities: trochus (type of shellfish), tuna, copra, handicrafts
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