The 2005 CIA World Factbook. United States. Central Intelligence Agency

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bicameral legislature consists of the Senate (91 seats; members

       elected by members of municipal councils and departmental

       assemblies) and the National Assembly or Assemblee Nationale (120

       seats; members are elected by direct, popular vote to serve

       five-year terms)

       elections: National Assembly - last held 9 and 23 December 2001

       (next to be held December 2006); Senate - last held 26 January and 9

       February 2003 (next to be held by January 2009)

       election results: National Assembly - percent of vote by party -

       NA%; seats by party - PDG 86, RNB-RPG 8, PGP 3, ADERE 3, CLR 2, PUP

       1, PSD 1, independents 13, others 3; Senate - percent of vote by

       party - NA%; seats by party - PDG 53, RNB 20, PGP 4, ADERE 3, RDP 1,

       CLR 1, independents 9

      Judicial branch:

       Supreme Court or Cour Supreme consisting of three chambers -

       Judicial, Administrative, and Accounts; Constitutional Court; Courts

       of Appeal; Court of State Security; County Courts

      Political parties and leaders:

       Circle of Liberal Reformers or CLR [General Jean Boniface ASSELE];

       Congress for Democracy and Justice or CDJ [Jules Aristide Bourdes

       OGOULIGUENDE]; Democratic and Republican Alliance or ADERE

       [Divungui-di-Ndinge DIDJOB]; Gabonese Democratic Party or PDG,

       former sole party [Simplice Nguedet MANZELA]; Gabonese Party for

       Progress or PGP [Pierre-Louis AGONDJO-OKAWE]; National Rally of

       Woodcutters-Rally for Gabon or RNB-RPG (Bucherons) [Fr. Paul

       M'BA-ABESSOLE]; People's Unity Party or PUP [Louis Gaston MAYILA];

       Rally for Democracy and Progress or RDP [Pierre EMBONI]; Social

       Democratic Party or PSD [Pierre Claver MAGANGA-MOUSSAVOU]; Union for

       Democracy and Social Integration or UDIS [leader NA]; Union of

       Gabonese People or UPG [Pierre MAMBOUNDOU]

      Political pressure groups and leaders:

       NA

      International organization participation:

       ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-24, G-77, IAEA, IBRD,

       ICAO, ICCt, ICFTU, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO,

       Interpol, IOC, ITU, MIGA, NAM, OIC, ONUB, OPCW, UN, UNCTAD, UNESCO,

       UNIDO, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO

      Diplomatic representation in the US:

       chief of mission: Ambassador Jules Marius OGOUEBANDJA

       chancery: Suite 200, 2034 20th Street NW, Washington, DC 20009

       telephone: [1] (202) 797–1000

       FAX: [1] (202) 332–0668

       consulate(s): New York

      Diplomatic representation from the US:

       chief of mission: Ambassador Barrie R. WALKLEY

       embassy: Boulevard du Bord de Mer, Libreville

       mailing address: Centre Ville, B. P. 4000, Libreville

       telephone: [241] 76 20 03 through 76 20 04, after hours - 74 34 92

       FAX: [241] 74 55 07

      Flag description:

       three equal horizontal bands of green (top), yellow, and blue

      Economy Gabon

      Economy - overview:

       Gabon enjoys a per capita income four times that of most of

       sub-Saharan African nations. This has supported a sharp decline in

       extreme poverty; yet because of high income inequality a large

       proportion of the population remains poor. Gabon depended on timber

       and manganese until oil was discovered offshore in the early 1970s.

       The oil sector now accounts for 50% of GDP. Gabon continues to face

       fluctuating prices for its oil, timber, and manganese exports.

       Despite the abundance of natural wealth, poor fiscal management

       hobbles the economy. Devaluation of its currency by 50% in January

       1994 sparked a one-time inflationary surge, to 35%; the rate dropped

       to 6% in 1996. The IMF provided a one-year standby arrangement in

       1994–95, a three-year Enhanced Financing Facility (EFF) at near

       commercial rates beginning in late 1995, and stand-by credit of $119

       million in October 2000. Those agreements mandate progress in

       privatization and fiscal discipline. France provided additional

       financial support in January 1997 after Gabon had met IMF targets

       for mid-1996. In 1997, an IMF mission to Gabon criticized the

       government for overspending on off-budget items, overborrowing from

       the central bank, and slipping on its schedule for privatization and

       administrative reform. The rebound of oil prices in 1999–2000 helped

       growth, but drops in production hampered Gabon from fully realizing

       potential gains. In December 2000, Gabon signed a new agreement with

       the Paris Club to reschedule its official debt. A follow-up

       bilateral repayment agreement with the US was signed in December

       2001. Gabon signed a 14 month Stand-By Arrangement with the IMF in

       May 2004, and received Paris Club debt rescheduling later that year.

       Short-term progress depends on an upbeat world economy and fiscal

       and other adjustments in line with IMF policies.

      GDP (purchasing power

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