eversed - green (hoist side), white, and orange; also similar
to the flag of Italy, which is green (hoist side), white, and red;
design was based on the flag of France
@Cote D'ivoire:Economy
Overview: Cote d'Ivoire is among the world's largest producers and
exporters of coffee, cocoa beans, and palm-kernel oil. Consequently,
the economy is highly sensitive to fluctuations in international
prices for coffee and cocoa and to weather conditions. Despite
attempts by the government to diversify, the economy is still largely
dependent on agriculture and related industries. After several years
of lagging performance, the Ivorian economy began a comeback in 1994,
due to improved prices for cocoa and coffee, growth in non-traditional
primary exports such as pineapples and rubber, trade and banking
liberalization, offshore oil and gas discoveries, and generous
external financing and debt rescheduling by multilateral lenders and
France. The 50% devaluation in January 1994 caused a one time jump in
the inflation rate. Government adherence to a renewed structural
adjustment program has led to a budget surplus for the first time in
several years, a smaller personnel budget, and an increase in public
investment. While real growth in 1994 was only 1.5%, the IMF and World
Bank expect it will surpass 6% in 1995.
National product: GDP - purchasing power parity - $20.5 billion (1994
est.)
National product real growth rate: 1.5% (1994 est.)
National product per capita: $1,430 (1994 est.)
Inflation rate (consumer prices): NA%
Unemployment rate: 14% (1985)
Budget:
revenues: $1.9 billion
expenditures: $3.4 billion, including capital expenditures of $408
million (1993)
Exports: $2.7 billion (f.o.b., 1993)
commodities: cocoa 30%, coffee 20%, tropical woods 11%, petroleum,
cotton, bananas, pineapples, palm oil, cotton
partners: France, Netherlands, Germany, Italy, Burkina, US, Belgium,
UK (1992)
Imports: $1.6 billion (f.o.b., 1993)
commodities: food, capital goods, consumer goods, fuel
partners: France, Nigeria, Japan, Netherlands, US (1992)
External debt: $17.3 billion (1993 est.)
Industrial production: growth rate 0% (1993 est.); accounts for 20% of
GDP, including petroleum
Electricity:
capacity: 1,170,000 kW
production: 1.8 billion kWh
consumption per capita: 123 kWh (1993)
Industries: foodstuffs, wood processing, oil refining, automobile
assembly, textiles, fe
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