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| Cote d'Ivoire (Ivory Coast) | ||
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Overview The Ivory Coast is an independent republic, with a democratic government, which lies on the Gulf of Guinea and forms part of the West African region. The political capital is Yamoussoukro and the commercial capital is Abidjan. Other major towns are Dimbokro and Daloa and the ports of Sassandra and Tabou. The official language is French but over 60 native dialects are spoken. The Ivory Coast has a free economy and an active stock exchange. The local currency is the CFA-franc. The creation of a regional commercial court in the Ivory Coast in mid 1999, was part of the establishment of a unified system of commercial law by 16 francophone African countries. The oil industry of the Ivory Coast is one of the key elements in the economy of the country. In particular the downstream industry is well developed with an oil refinery at Abidjan and 8 oil companies engaged in the distribution and marketing of petroleum products. In addition to its oil industry, the Ivory Coast has an active chemicals industry, as well as being one of the larger markets in the lubricants industry in the West African region. The country's mining industry is another important sector in the country's economy. Electricity is provided by the parastatal utility, Compagnie Ivoirienne d'Electricite (CIE). Based on a government decision in the 1980's, the Oil, Gas, and Energy sectors of the economy are and will be the main driving engines of the economy in future decades. Offshore discoveries, including gas finds in the Gulf of Guinea provide opportunities for hydrocarbon exploration in the Ivory Coast. Situated in a tropical area where there is plenty of rainfall and fertile soil, the Ivory Coast is highly dependent on agriculture and related products. As a result the economy is greatly affected by international price fluctuations and weather conditions. The Ivory Coast is among the world's largest producers and exporters of coffee, cocoa beans and palm oil. The Ivorian economy has experienced steady growth since 1995 due to devaluation of the CFA franc, improved cocoa and coffee prices, growth in non-traditional primary exports, limited trade and banking liberalisation, offshore oil and gas discoveries as well as external financing and debt rescheduling by multilateral lenders and France. A slump in economic growth is predicted for 1999-2000 as a result of the need for conditions of international donors to be met as well as continued low prices of key exports. Sustainable growth lies in the development of a modern labour force, upgrading organisational capabilities of institutions while accelerating pro-poor policies. Effective governing is necessary in order to achieve this. The international time zone for the Ivory Coast is GMT. The international dialling code is +225. 19 airlines fly to the Ivory Coast which is also the headquarters of Air Afrique. As at September 1995 most visitors to the Ivory Coast require visas except nationals of Scandinavian countries, some West European countries and the USA. Small businesses in the Ivory Coast have welcomed the linking of the CFA franc to the Euro as currencies in the Francophone region are now fixed, allowing for exportation to a wide zone without forex costs. Privatisation of a large number of companies was planned by the government in 1999 as well as the sale of its stakes in some companies listed on the West African Regional Bourse. International banking transactions can be carried out through the central bank, the Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO). The Ivory Coast is a member of the Organisation of African Unity (OAU), the BCEAO - Banque Centrale des Etats de l'Afrique de l'Ouest, the CEAO - Communauté Economique de l'Afrique de l'Ouest, the UEMOA - Union Economique et Monétaire Ouest-Africaine (West African Economic and Monetary Union), and is headquarters to the African Development Bank. In 1998 the Ivory Coast signed a three-year, $384 million Enhanced Structural Adjustment Facility (ESAF) agreement with the International Monetary Fund (IMF) to reduce budget deficit, liberalise economic sectors and allocate more resources to health and education. As a result, public sector external debt has dropped and if the Ivory Coast fulfils the terms of the ESAF, the World Bank/IMF debt forgiveness program will provide additional debt forgiveness in 2001. Due to the state of health, the immunisation status, location and the local disease situation; cholera, dengue fever, hepatitis A,B and C, malaria, schistosomiasis, tuberculosis, typhoid fever, yellow fever and AIDS can occur in the Ivory Coast. Water needs to be boiled before consumption. Meat, fish and vegetables need to be cooked and fruit peeled. Trade Cote dIvoire which is a member of ECOWAS, exports alcohols, animals, chemical products, cocoa beans and cocoa products, edible oils, plastic products and tea and coffee, while the main imports are fuel, rubber, textiles and textile products, vehicles and machinery. Exchange Control is administered by the Directorate of External Trade and International Economic Relations in the Ministry of Economy, Finance, and Planning. There are no restrictions on the amount of foreign currency and travellers cheques which may be taken into the country, provided they are declared on arrival, and any unused amounts may be taken out again on leaving. Certain other import items are subject to annual volume or value quotas. Importers are required to obtain either an import licence or an intent to import from the Ministry of Commerce and Industry prior to importing non-prohibited goods. Côte d'Ivoire is a contracting party to the International Convention on the Harmonised Commodity Description and Coding System and has a free trade zone in Abidjan. Geography Location: Western Africa, bordering the North Atlantic Ocean, between Ghana and Liberia Geographic coordinates: 8 00 N, 5 00 W Map references: Africa Area: Area - comparative: slightly larger than New Mexico Land boundaries: Coastline: 515 km Maritime claims: Climate: tropical along coast, semiarid in far north; three seasons - warm and dry (November to March), hot and dry (March to May), hot and wet (June to October) Terrain: mostly flat to undulating plains; mountains in northwest Elevation extremes: Natural resources: petroleum, diamonds, manganese, iron ore, cobalt, bauxite, copper, hydropower Land use: Irrigated land: 680 sq km (1993 est.) Natural hazards: coast has heavy surf and no natural harbors; during the rainy season torrential flooding is possible Environment - current issues: deforestation (most of the country's forests - once the largest in West Africa - have been cleared by the timber industry); water pollution from sewage and industrial and agricultural effluents Environment - international agreements: People Population:
15,980,950 Age structure: Population growth rate: 2.58% (2000 est.) Birth rate: 40.78 births/1,000 population (2000 est.) Death rate: 16.57 deaths/1,000 population (2000 est.) Net migration rate:
1.6 migrant(s)/1,000 population (2000 est.) Sex ratio: Infant mortality rate: 95.06 deaths/1,000 live births (2000 est.) Life expectancy at birth: Total fertility rate: 5.8 children born/woman (2000 est.) Nationality: Ethnic groups: Baoule 23%, Bete 18%, Senoufou 15%, Malinke 11%, Agni, Africans from other countries (mostly Burkinabe and Malians, about 3 million), non-Africans 130,000 to 330,000 (French 30,000 and Lebanese 100,000 to 300,000) Religions: Muslim 60%, Christian 22%, indigenous 18% (some of these are also numbered among the Christians and Muslims) Languages: French (official), 60 native dialects with Dioula the most widely spoken Literacy: Government Country name: Data code: IV Government type: republic; multiparty presidential regime established 1960 Capital:
Yamoussoukro Administrative divisions:
50 departments (departements, singular - departement); Abengourou,
Abidjan, Aboisso, Adzope, Agboville, Agnibilekrou, Bangolo, Beoumi,
Biankouma, Bondoukou, Bongouanou, Bouafle, Bouake, Bouna, Boundiali,
Dabakala, Daloa, Danane, Daoukro, Dimbokro, Divo, Duekoue,
Ferkessedougou, Gagnoa, Grand-Lahou, Guiglo, Issia, Katiola, Korhogo,
Lakota, Man, Mankono, Mbahiakro, Odienne, Oume, Sakassou, San-Pedro,
Sassandra, Seguela, Sinfra, Soubre, Tabou, Tanda, Tingrela, Tiassale,
Touba, Toumodi, Vavoua, Yamoussoukro, Zuenoula Independence: 7 August (1960) (from France) National holiday: National Day, 7 August Constitution: 3 November 1960; has been amended numerous times, last time July 1998 Legal system: based on French civil law system and customary law; judicial review in the Constitutional Chamber of the Supreme Court; has not accepted compulsory ICJ jurisdiction Suffrage: 21 years of age; universal Executive branch: Legislative branch:
unicameral National Assembly or Assemblee Nationale (175 seats; members
are elected by direct popular vote to serve five-year terms) Judicial branch: Supreme Court (Cour Supreme) Political parties and leaders: Democratic Party of Cote d'Ivoire or PDCI [Jean Konan BANNY, acting head]; Ivorian Popular Front or FPI [Laurent GBAGBO]; Ivorian Worker's Party or PIT [Francis WODIE]; Rally of the Republicans or RDR [Henriette DAGRI-DIABATE]; over 20 smaller parties International organization participation: ACP, AfDB, CCC, ECA, ECOWAS, Entente, FAO, FZ, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, ISO (correspondent), ITU, NAM, OAU, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WADB, WADB (regional), WAEMU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO Diplomatic representation in the US: Diplomatic representation from the US: Flag description: three equal vertical bands of orange (hoist side), white, and green; similar to the flag of Ireland, which is longer and has the colors reversed - green (hoist side), white, and orange; also similar to the flag of Italy, which is green (hoist side), white, and red; design was based on the flag of France Economy Economy - overview: Cote d'Ivoire is among the world's largest producers and exporters of coffee, cocoa beans, and palm oil. Consequently, the economy is highly sensitive to fluctuations in international prices for these products and to weather conditions. Despite attempts by the government to diversify the economy, it is still largely dependent on agriculture and related activities, which engage roughly 68% of the population. After several years of lagging performance, the Ivorian economy began a comeback in 1994, due to the devaluation of the CFA franc and improved prices for cocoa and coffee, growth in nontraditional primary exports such as pineapples and rubber, limited trade and banking liberalization, offshore oil and gas discoveries, and generous external financing and debt rescheduling by multilateral lenders and France. The 50% devaluation of Franc Zone currencies on 12 January 1994 caused a one-time jump in the inflation rate to 26% in 1994, but the rate fell sharply in 1996-99. Moreover, government adherence to donor-mandated reforms led to a jump in growth to 5% annually in 1996-99. Growth may slow in 2000 because of the difficulty of meeting the conditions of international donors, continued low prices of key exports, and post-coup instability. GDP: purchasing power parity - $25.7 billion (1999 est.) GDP - real growth rate: 5% (1999 est.) GDP - per capita: purchasing power parity - $1,600 (1999 est.) GDP - composition by sector: Population below poverty line: NA% Household income or consumption by
percentage share: Inflation rate (consumer prices): 2.5% (1999 est.) Labor force: NA Unemployment rate: NA% Budget: Industries: foodstuffs, beverages; wood products, oil refining, automobile assembly, textiles, fertilizer, construction materials, electricity Industrial production growth rate: 15% (1998 est.) Electricity - production: 3.36 billion kWh (1998) Electricity - production by source: Electricity - consumption: 3.165 billion kWh (1998) Electricity - exports: 0 kWh (1998) Electricity - imports: 40 million kWh (1998) Agriculture - products: coffee, cocoa beans, bananas, palm kernels, corn, rice, manioc (tapioca), sweet potatoes, sugar, cotton, rubber; timber Exports: $3.9 billion (f.o.b., 1999 est.) Exports - commodities: cocoa 37%, coffee, tropical woods, petroleum, cotton, bananas, pineapples, palm oil, cotton, fish (1998) Exports - partners: France 17%, Netherlands 12%, US 9%, Italy 6% (1998) Imports: $2.6 billion (f.o.b., 1999 est.) Imports - commodities: food, consumer goods; capital goods, fuel, transport equipment Imports - partners: France 29%, US 5%, Italy 5%, Germany 5% (1998) Debt - external: $16.8 billion (1998 est.) Economic aid - recipient: ODA, $1 billion (1996 est.) Currency: 1 Communaute Financiere Africaine franc (CFAF) = 100 centimes Exchange rates:
CFA francs (CFAF) per US$1 - 647.25 (January 2000), 615.70 (1999),
589.95 (1998), 583.67 (1997), 511.55 (1996), 499.15 (1995) Fiscal year: calendar year Communications Telephones - main lines in use: 182,000 (1998) Telephones - mobile cellular: more than 60,000 (December 1998) Telephone system:
well-developed by African standards but operating well below capacity Radio broadcast stations: AM 2, FM 8, shortwave 3 (1998) Radios: 2.26 million (1997) Television broadcast stations: 14 (1999) Televisions: 900,000 (1997) Internet Service Providers (ISPs): NA Transportation Railways: Highways: Waterways: 980 km navigable rivers, canals, and numerous coastal lagoons Ports and harbors: Abidjan, Aboisso, Dabou, San-Pedro Merchant marine: Airports: 36 (1999 est.) Airports - with paved runways: Airports - with unpaved runways: Military Military branches: Army, Navy, Air Force, paramilitary Gendarmerie, Republican Guard (includes Presidential Guard), Sapeur-Pompier (Military Fire Group) Military manpower - military age: 18 years of age Military manpower - availability: Military manpower - fit for military
service: Military manpower - reaching military
age annually: Military expenditures - dollar figure: $94 million (FY96) Military expenditures - percent of GDP: 1% (FY96)
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