The 1994 CIA World Factbook. United States. Central Intelligence Agency

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Yhombi OPANGO, president; Congolese Movement for Democracy and

       Integral Development (MCDDI), Bernard KOLELAS, leader; Association for

       Democracy and Social Progress (RDPS), Jean-Pierre Thystere TCHICAYA,

       president; Union of Democratic Forces (UFD), David Charles GANAO,

       leader; Union for Development and Social Progress (UDPS), Jean-Michael

       BOKAMBA-YANGOUMA, leader

       note:

       Congo has many political parties of which these are among the most

       important

       Other political or pressure groups:

       Union of Congolese Socialist Youth (UJSC); Congolese Trade Union

       Congress (CSC); Revolutionary Union of Congolese Women (URFC); General

       Union of Congolese Pupils and Students (UGEEC)

       Member of:

       ACCT, ACP, AfDB, BDEAC, CCC, CEEAC, ECA, FAO, FZ, G-77, GATT, IBRD,

       ICAO, IDA, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, ITU,

       LORCS, NAM, OAU, UDEAC, UN, UNAVEM II, UNCTAD, UNESCO, UNIDO, UPU,

       WFTU, WHO, WIPO, WMO, WTO

       Diplomatic representation in US:

       chief of mission:

       Ambassador Pierre Damien BOUSSOUKOU-BOUMBA

       chancery:

       4891 Colorado Avenue NW, Washington, DC 20011

       telephone:

       (202) 726–5500 or 5501

       US diplomatic representation:

       chief of mission:

       Ambassador William RAMSEY

       embassy:

       Avenue Amilcar Cabral, Brazzaville

       mailing address:

       B. P. 1015, Brazzaville

       telephone:

       (242) 83–20-70

       FAX:

       [242] 83–63-38

       Flag:

       red, divided diagonally from the lower hoist side by a yellow band;

       the upper triangle (hoist side) is green and the lower triangle is

       red; uses the popular pan-African colors of Ethiopia

      @Congo, Economy

      Overview:

       Congo's economy is a mixture of village agriculture and handicrafts,

       an industrial sector based largely on oil, support services, and a

       government characterized by budget problems and overstaffing. A reform

       program, supported by the IMF and World Bank, ran into difficulties in

       1990–91 because of problems in changing to a democratic political

       regime and a heavy debt-servicing burden. Oil has supplanted forestry

       as the mainstay of the economy, providing about two-thirds of

       government revenues and exports. In the early 1980s rapidly rising oil

       revenues enabled Congo to finance large-scale development projects

       with growth averaging 5% annually, one of the highest rates in Africa.

       Subsequently, growth has slowed to an average of roughly 1.5%

       annually, only half the population growth rate. Political turmoil and

       misguided government investment have derailed economic reform programs

       sponsored by the IMF and World Bank.

       National product:

       GDP - purchasing power equivalent - $7 billion (1993 est.)

       National product real growth rate:

       NA

       National product per capita:

       $2,900 (1993 est.)

       Inflation rate (consumer prices):

       −0.6% (1991 est.)

       Unemployment rate:

       NA%

       Budget:

       revenues:

       $765 million

       expenditures:

       $952 million, including capital expenditures of $65 million (1990)

       Exports:

       $1.1 billion (f.o.b., 1990)

       commodities:

       crude oil 72%, lumber, plywood, coffee, cocoa, sugar, diamonds

       partners:

       US, France, other EC countries

       Imports:

       $704 million (c.i.f., 1990)

       commodities:

       foodstuffs, consumer goods, intermediate manufactures, capital

       equipment

       partners:

       France, Germany, Italy, Spain, other EC countries, US, Japan, Brazil

       External debt:

       $4.1 billion (1991)

       Industrial production:

       growth rate 1.2% (1989); accounts for 33% of GDP; includes petroleum

       Electricity:

       capacity:

       140,000 kW

       production:

       315 million kWh

       consumption per capita:

       135 kWh (1991)

       Industries:

       petroleum, cement, lumbering, brewing, sugar milling, palm oil, soap,

      

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