tative to the US House of Representatives
Judicial branch: Supreme Court, Superior Courts, Municipal Courts
Political parties and leaders: National Republican Party of Puerto
Rico, Luis FERRE; Popular Democratic Party (PPD), Hector ACEVEDO; New
Progressive Party (PNP), Pedro ROSSELLO; Puerto Rican Socialist Party
(PSP) has been disbanded (1994); Puerto Rican Independence Party
(PIP), Ruben BERRIOS Martinez; Puerto Rican Communist Party (PCP),
leader(s) unknown
Other political or pressure groups: Armed Forces for National
Liberation (FALN); Volunteers of the Puerto Rican Revolution; Boricua
Popular Army (also known as the Macheteros); Armed Forces of Popular
Resistance
Member of: CARICOM (observer), ECLAC (associate), FAO (associate),
ICFTU, INTERPOL (subbureau), IOC, WCL, WFTU, WHO (associate), WTO
(associate)
Diplomatic representation in US: none (commonwealth associated with
the US)
US diplomatic representation: none (commonwealth associated with the
US)
Flag: five equal horizontal bands of red (top and bottom) alternating
with white; a blue isosceles triangle based on the hoist side bears a
large white five-pointed star in the center; design based on the US
flag
@Puerto Rico:Economy
Overview: Puerto Rico has one of the most dynamic economies in the
Caribbean region. Industry has surpassed agriculture as the primary
sector of economic activity and income. Encouraged by duty free access
to the US and by tax incentives, US firms have invested heavily in
Puerto Rico since the 1950s. US minimum wage laws apply. Important
industries include pharmaceuticals, electronics, textiles,
petrochemicals, and processed foods. Sugar production has lost out to
dairy production and other livestock products as the main source of
income in the agricultural sector. Tourism has traditionally been an
important source of income for the island, with estimated arrivals of
nearly 3.9 million tourists in 1993.
National product: GDP - purchasing power parity - $26.8 billion (1994
est.)
National product real growth rate: 2.6% (1994 est.)
National product per capita: $7,050 (1994 est.)
Inflation rate (consumer prices): 2.9% (1994)
Unemployment rate: 16% (1994)
Budget:
revenues: $5.1 billion
expenditures: $5.1 billion, including capital expenditures of $NA
(FY94/95)
Exports: $21.8 billion (1994)
commodities: pharmaceuticals, electronics, apparel, canned tuna, rum,
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