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ington, DC 20009 telephone: [1] (202) 462-4009 FAX: [1] (202) 265-1937 US diplomatic representation: chief of mission: Ambassador Laurence E. POPE II embassy: Avenue Felix Eboue, N'Djamena mailing address: B. P. 413, N'Djamena telephone: [235] (51) 62 18, (51) 40 09, (51) 47 59 FAX: [235] (51) 33 72 Flag: three equal vertical bands of blue (hoist side), yellow, and red; similar to the flag of Romania; also similar to the flag of Andorra, which has a national coat of arms featuring a quartered shield centered in the yellow band; design was based on the flag of France @Chad:Economy Overview: Climate, geographic remoteness, poor resource endowment, and lack of infrastructure make Chad one of the most underdeveloped countries in the world. Its economy is hobbled by political turmoil, conflict with Libya, drought, and food shortages. Consequently the economy has shown little progress in recent years in overcoming a severe setback brought on by civil war in the late 1980s. More than 80% of the work force is involved in subsistence farming and fishing. Cotton is the major cash crop, accounting for at least half of exports. Chad is highly dependent on foreign aid, especially food credits, given chronic shortages in several regions. Of all the Francophone countries in Africa, Chad has benefited the least from the 50% devaluation of their currencies on 12 January 1994. Despite an increase in external financial aid and favorable price increases for cotton - the primary source of foreign exchange - the corrupt and enfeebled government bureaucracy continues to dampen economic enterprise by neglecting payments to domestic suppliers and public sector salaries. Oil production in the Lake Chad area remains a distant prospect and the subsistence-driven economy probably will continue to limp along in the near term. National product: GDP - purchasing power parity - $2.8 billion (1993 est.) National product real growth rate: 3.5% (1993 est.) National product per capita: $530 (1993 est.) Inflation rate (consumer prices): -4.1% (1992) Unemployment rate: NA% Budget: revenues: $120 million expenditures: $363 million, including capital expenditures of $104 million (1992 est.) Exports: $190 million (f.o.b., 1992) commodities: cotton 48%, cattle 35%, textiles 5%, fish partners: France, Nigeria, Cameroon Imports: $261 million (f.o.b., 1992) commodities: machinery and
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