party NA; seats - (330 total, 300 elected and 30 seats reserved forwomen) seats by party NA; note - the election was held despite the
fact that it was boycotted by the major opposition parties; Prime
Minister Khaleda ZIAur RAHMAN's party won a landslide victory, but,
under continuing pressure from the opposition, who called for an
annulment of the results, National Parliament passed a bill that
established a caretaker government to oversee new elections on a
date yet to be determined; President BISWAS then dissolved
Parliament and named a caretaker prime minister to replace Prime
Minister ZIAur RAHMAN
Judicial branch: Supreme Court, the Chief Justices and other
judges are appointed by the president
Political parties and leaders: Bangladesh Nationalist Party (BNP),
Khaleda ZIAur RAHMAN; Awami League (AL), Sheikh Hasina WAJED; Jatiyo
Party (JP), Hussain Mohammad ERSHAD (in jail); Jamaat-E-Islami (JI),
Motiur Rahman NIZAMI; Bangladesh Communist Party (BCP), Saifuddin
Ahmed MANIK; National Awami Party (Muzaffar); Workers Party, Rashid
Khan MENON; Jatiyo Samajtantik Dal (JSD), Serajul ALAM KHAN;
Ganotantri Party, leader NA; Islami Oikya Jote, leader NA; National
Democratic Party (NDP), leader NA; Muslim League, Khan A. SABUR;
Democratic League, Khondakar MUSHTAQUE Ahmed; United People's Party,
Kazi ZAFAR Ahmed
International organization participation: AsDB, C, CCC, CP, ESCAP,
FAO, G-77, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IDB, IFAD, IFC,
IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO,
ITU, MINURSO, NAM, OIC, SAARC, UN, UNAMIR, UNAVEM III, UNCRO,
UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNMIH, UNMOT, UNOMIG,
UNPREDEP, UNPROFOR, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in US: chief of mission: Ambassador Humayun KABIR chancery: 2201 Wisconsin Avenue NW, Washington, DC 20007 telephone: [1] (202) 342–8372 through 8376 consulate(s) general: Los Angeles and New York
US diplomatic representation: chief of mission: Ambassador David N. MERRILL embassy: Diplomatic Enclave, Madani Avenue, Baridhara, Dhaka mailing address: G.P.O. Box 323, Dhaka 1000; Dhaka 1212 telephone: [880] (2) 884700 through 884722 FAX: [880] (2) 883–744
Flag: green with a large red disk slightly to the hoist side of
center; green is the traditional color of Islam
Economy———
Economic overview: Despite sustained domestic and international efforts to improve economic and demographic prospects, Bangladesh remains one of the world's poorest, most densely populated, and least developed nations. Annual GDP growth has averaged over 4% in recent years from a low base. Its economy is overwhelmingly agricultural, with the cultivation of rice the single most important activity in the economy. Major impediments to growth include frequent cyclones and floods, the inefficiency of state-owned enterprises, a rapidly growing labor force that cannot be absorbed by agriculture, delays in exploiting energy resources (natural gas), inadequate power supplies, and, most recently, political disturbances. In 1995, progress on Bangladesh's development agenda has been slowed by frequent political unrest before and after national elections in early 1996. Opposition parties have challenged the government's authority by resigning from Parliament and sponsoring numerous countrywide strikes that have crippled transport, hindered business activity, and threatened to slow economic growth in 1996.
GDP: purchasing power parity - $144.5 billion (1995 est.)
GDP real growth rate: 4.6% (1995 est.)
GDP per capita: $1,130 (1995 est.)
GDP composition by sector: agriculture: NA% industry: NA% services: NA%
Inflation rate (consumer prices): 4.5% (1995 est.)
Labor force: 50.1 million
by occupation: agriculture 65%, services 21%, industry and mining
14% (1989)
note: extensive export of labor to Saudi Arabia, UAE, and Oman (1991)
Unemployment rate: NA%
Budget:
revenues: $2.8 billion
expenditures: $4.1 billion, including capital expenditures of $1.8
billion (FY92/93)
Industries: jute manufacturing, cotton textiles, food processing,
steel, fertilizer
Industrial production growth rate: 8.5% (1995 est.)
Electricity: capacity: 2,740,000 kW production: 9.2 billion kWh consumption per capita: 70 kWh (1993)
Agriculture: jute, rice, wheat, tea, sugarcane, potatoes; beef,
milk, poultry
Illicit drugs: transit country for illegal drugs produced in
neighboring countries
Exports: $2.7 billion (1995 est.)
commodities: garments, jute and jute goods, leather, shrimp
partners: US 33%, Western Europe 39% (Germany 8.4%, Italy 6%)
(FY91/92 est.)
Imports: $4.7 billion (1995 est.)
commodities: capital goods, petroleum, food, textiles
partners: Hong Kong 7.5%, Singapore 7.4%, China 7.4%, Japan 7.1%
(FY91/92 est.)
External debt: $15.7 billion (1995 est.)
Economic aid: recipient: ODA, $1.099 billion (1993)
Currency: 1 taka (Tk) = 100 poiska
Exchange rates: taka (Tk) per US$1 - 40.933 (January 19965), 40.278 (1995), 40.212 (1994), 39.567 (1993), 38.951 (1992), 36.596 (1991)
Fiscal year: 1 July - 30 June
Transportation———————
Railways:
