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Part 310

The 1996 Cia World Factbook · United States. Central Intelligence Agency — chapter 310 of 840 · ~589 words · public domain

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Judicial branch: Court of Appeal (Cour d'Appel)

Political parties and leaders: political parties were legalized on 1 April 1992; of the more than 40 with legal status, the following won seats in the legislature in the 11 June 1995 elections pro-government: Party for Unity and Progress (PUP) other: Rally for the Guinean People (RPG), Alpha CONDE; Union for a New Republic (UNR), Mamadou BAH; Party for Renewal and Progress (PRP), Siradiou DIALLO; Union for Progress of Guinea (UPG), Secretary-General Jean-Marie DORE; Democratic Party of Guinea (DPG), Ahmed Sekou TOURE; National Union for the Prosperity of Guinea (UNPG), Lt.Col. Facine TOURE, leader; Democratic Party of Guinea (PDG), El Hadj Ismael Mohamed Gassim GUSHEIN, leader

International organization participation: ACCT, ACP, AfDB, CCC, ECA, ECOWAS, FAO, G-77, IBRD, ICAO, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, ITU, MINURSO, NAM, OAU, OIC, UN, UNAMIR, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO

Diplomatic representation in US: chief of mission: Ambassador Bangoura Mahawa CAMARA chancery: 2112 Leroy Place NW, Washington, DC 20008 telephone: (202) 483-9420 FAX: (202) 483-8688

US diplomatic representation: chief of mission: Ambassador Joseph A. SALOOM III embassy: Rue KA 038, Conakry mailing address: B. P. 603, Conakry telephone: 41 15 20, 41 15 21, 41 15 23 FAX: 44 15 22

Flag: three equal vertical bands of red (hoist side), yellow, and green; uses the popular pan-African colors of Ethiopia; similar to the flag of Rwanda, which has a large black letter R centered in the yellow band

Economy -------

Economic overview: Although possessing major mineral, hydropower, and agricultural resources, Guinea remains one of the poorest countries in the world. The agricultural sector employs 80% of the work force. Guinea possesses over 25% of the world's bauxite reserves. The mining sector accounted for 85% of exports in 1991. Long-run improvements in literacy, financial institutions, and the legal framework are needed if the country is to move out of poverty. Except in the bauxite industry, foreign investment remains minimal.

GDP: purchasing power parity - $6.5 billion (1995 est.)

GDP real growth rate: 4% (1995 est.)

GDP per capita: $1,020 (1995 est.)

GDP composition by sector: agriculture: 24% industry: 31% services: 45% (1995 est.)

Inflation rate (consumer prices): 4.1% (1994 est.)

Labor force: 2.4 million (1983) by occupation: agriculture 80.0%, industry and commerce 11.0%, services 5.4%, civil service 3.6%

Unemployment rate: NA%

Budget: revenues: $449 million expenditures: $708 million, including capital expenditures of $361 million (1990 est.)

Industries: bauxite, gold, diamonds; alumina refining; light manufacturing and agricultural processing industries

Industrial production growth rate: NA%

Electricity: capacity: 180,000 kW production: 520 million kWh consumption per capita: 77 kWh (1993)

Agriculture: rice, coffee, pineapples, palm kernels, cassava (tapioca), bananas, sweet potatoes; cattle, sheep, goats; timber

Exports: $562 million (1994 est.) commodities: bauxite, alumina, diamonds, gold, coffee, pineapples, bananas, palm kernels partners: US 23%, Belgium 12%, Ireland 12%, Spain 12%

Imports: $688 million (1994 est.) commodities: petroleum products, metals, machinery, transport equipment, textiles, grain and other foodstuffs partners: France 26%, Cote d'Ivoire 12%, Hong Kong 6%, Germany 6%

External debt: $3.02 billion (1994)

Economic aid: recipient: ODA, $NA

Currency: 1 Guinean franc (FG) = 100 centimes

Exchange rates: Guinean francs (FG) per US$1 - 995.3 (August 1995), 976.6 (1994), 955.5 (1993), 902.0 (1992), 753.9 (1991) note: the official exchange rate of the Guinean franc was set and quoted weekly against the US dollar until end-October 1993; since 1 November 1994, the exchange rate is determined in the interbank market for foreign exchange

Fiscal year: calendar year

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