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capital:
praia administrative divisions: 17 municipalities (concelhos. singular - concelho); boa vista. brava. maio. mosteiros. paul. praia. porto novo. ribeira grande. sal. santa catarina. santa cruz. sao domingos. sao filipe. sao miguel. sao nicolau. sao vicente. tarrafal independence: 5 july 1975 (from portugal) national holiday: independence day. 5 july (1975) constitution: new constitution came into force 25 september 1992; underwent a major revision on 23 november 1995. substantially increasing the powers of the president. and a further revision in 1999. to create the position of national ombudsman (provedor de justica) legal system: derived from the legal system of portugal suffrage: 18 years of age; universal executive branch: chief of state: president pedro verona pires (since 22 march 2001) head of government: prime minister jose maria pereira neves (since 1 february 2001) cabinet: council of ministers appointed by the president on the recommendation of the prime minister elections: president elected by popular vote for a five-year term; election last held 11 and 25 february 2001 (next to be held 12 february 2006); prime minister nominated by the national assembly and appointed by the president election results: pedro pires elected president; percent of vote - pedro pires (paicv) 49.43%. carlos viega (mpd) 49.42%; note - the election was won by only twelve votes legislative branch: unicameral national assembly or assembleia nacional (72 seats; members are elected by popular vote to serve five-year terms) elections: last held 14 january 2001 (next to be held 22 january 2006) election results: percent of vote by party - paicv 47.3%. mpd 39.8%. adm 6%. other 6.9%; seats by party - paicv 40. mpd 30. adm 2 judicial branch: supreme tribunal of justice or supremo tribunal de justia political parties and leaders: african party for independence of cape verde or paicv [jose maria pereira neves. chairman]; democratic alliance for change or adm [dr. eurico monteiro] (a coalition of pcd. pts. and ucid); democratic christian party or pdc [manuel rodrigues. chairman]; democratic renovation party or prd [victor fidalgo. president]; movement for democracy or mpd [agostinho lopes. president]; party for democratic convergence or pcd [dr. eurico monteiro. president]; party of work and solidarity or pts [isaias rodrigues. president]; social democratic party or psd [joao alem. president] political pressure groups and leaders: na international organization participation: acct. acp. afdb. au. ecowas. fao. g-77. ibrd. icao. icct (signatory). icftu. icrm. ida. ifad. ifc. ifrcs. ilo. imf. imo. interpol. ioc. iom. itu. miga. nam. opcw. un. unctad. unesco. unido. upu. wco. who. wipo. wmo. wtoo. wto (observer) diplomatic representation in the us: chief of mission: ambassador jose brito chancery: 3415 massachusetts avenue nw. washington. dc 20007 telephone: [1] (202) 965-6820 fax: [1] (202) 965-1207 consulate(s) general: boston diplomatic representation from the us: chief of mission: ambassador roger d. pierce embassy: rua abilio m. macedo 81. praia mailing address: c. p. 201. praia telephone: [238] 261 56 16. 261 56 17 fax: [238] 261 13 55 flag description: three horizontal bands of light blue (top. double width). white (with a horizontal red stripe in the middle third). and light blue; a circle of 10 yellow five-pointed stars is centered on the hoist end of the red stripe and extends into the upper and lower blue bands economy - overview: this island economy suffers from a poor natural resource base. including serious water shortages exacerbated by cycles of long-term drought. the economy is service-oriented. with commerce. transport. tourism. and public services accounting for 72% of gdp. although nearly 70% of the population lives in rural areas. the share of agriculture in gdp in 2004 was only 12%. of which fishing accounted for 1.5%. about 82% of food must be imported. the fishing potential. mostly lobster and tuna. is not fully exploited. cape verde annually runs a high trade deficit. financed by foreign aid and remittances from emigrants; remittances supplement gdp by more than 20%. economic reforms are aimed at developing the private sector and attracting foreign investment to diversify the economy. future prospects depend heavily on the maintenance of aid flows. the encouragement of tourism. remittances. and the momentum of the government's development program. gdp (purchasing power parity): $2.99 billion (2005 est.) gdp (official exchange rate): $1.128 billion (2005 est.) gdp - real growth rate: 5.5% (2005 est.) gdp - per capita: purchasing power parity - $6.200 (2005 est.) gdp - composition by sector: agriculture: 12.1% industry: 21.9% services: 66% (2004 est.) labor force: na unemployment rate: 21% (2000 est.) population below poverty line: 30% (2000) household income or consumption by percentage share: lowest 10%: na highest 10%: na inflation rate (consumer prices): 1.8% (2005 est.) investment (gross fixed): 26.4% of gdp (2005 est.) budget: revenues: $328.1 million expenditures: $393.1 million. including capital expenditures of na (2005 est.) agriculture - products: bananas. corn. beans. sweet potatoes. sugarcane. coffee. peanuts; fish industries: food and beverages. fish processing. shoes and garments. salt mining. ship repair industrial production growth rate: na electricity - production: 44.15 million kwh (2003) electricity - production by source: fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001) electricity - consumption: 41.06 million kwh (2003) electricity - exports: 0 kwh (2003) electricity - imports: 0 kwh (2003) oil - production: 0 bbl/day (2003) oil - consumption: 1.200 bbl/day (2003 est.) oil - exports: na (2001) oil - imports: na (2001) current account balance: $-147.7 million (2005 est.) exports: $73.35 million f.o.b. (2005 est.) exports - partners: portugal 57.6%. us 16.7%. uk 11% (2004) imports: $500 million f.o.b. (2005 est.) imports - partners: portugal 41.8%. us 12.3%. netherlands 8.4%. spain 5.2%. italy 4.2%. brazil 4% (2004) reserves of foreign exchange and gold: $152.2 million (2005 est.) debt - external: $325 million (2002) economic aid - recipient: $136 million (1999) currency (code): cape verdean escudo (cve) currency code: cve exchange rates: cape verdean escudos (cve) per us dollar - 80.78 (2005). 88.808 (2004). 97.703 (2003). 117.168 (2002). 123.228 (2001) fiscal year: calendar year telephones - main lines in use: 71.700 (2003) telephones - mobile cellular: 53.300 (2003) telephone system: general assessment: effective system. extensive modernization from 1996-2000 following partial privatization in 1995 domestic: major service provider is cabo verde telecom (cvt); fiber optic ring. completed in 2001. links all islands providing internet access and isdn services; cellular service introduced in 1998 international: country code - 238; 2 coaxial submarine cables; hf radiotelephone to senegal and guinea-bissau; satellite earth station - 1 intelsat (atlantic ocean) radio broadcast stations: am 0. fm 22 (and 12 low power repeaters). shortwave 0 (2002) radios: 100.000 (2002 est.) television broadcast stations: 1 (and 7 repeaters) (2002) televisions: 15.000 (2002 est.) internet country code: .cv internet hosts: 118 (2004) internet service providers (isps): 1 (2002) internet users: 20.400 (2003) airports: 7 note: 3 airports are reported to be nonoperational (2004 est.) airports - with paved runways: total: 6 over 3.047 m: 1 914 to 1.523 m: 5 (2005 est.) airports - with unpaved runways: total: 1 under 914 m: 1 (2005 est.) roadways: total: 1.350 km paved: 1.053 km unpaved: 297 km (2002) merchant marine: total: 5 ships (1.000 grt or over) 5.395 grt/6.614 dwt by type: cargo 2. chemical tanker 1. passenger/cargo 2 foreign-owned: 1 (united kingdom 1) (2005) ports and terminals: mindelo. praia. tarrafal military branches: people's revolutionary armed forces (farp): army. coast guard (includes maritime air wing) manpower available for military service: males age 18-49: 84.641 (2005 est.) manpower fit for military service: males age 18-49: 65.614 (2005 est.) military expenditures - dollar figure: $14.1 million (2004) military expenditures - percent of gdp: 1.5% (2004) disputes - international: none illicit drugs: used as a transshipment point for illicit drugs moving from latin america and asia destined for western europe; the lack of a well-developed financial system limits the country's utility as a money-laundering center
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