Judicial branch: Supreme Court or Supremo Tribunal de Justica, judges appointed for life by the Conselho Superior da Magistratura
Political parties and leaders: Social Democratic Party or PSD [Marcelo
Rebelo DE SOUSA]; Portuguese Socialist Party or PS [Antonio GUTERRES];
Portuguese Communist Party or PCP [Carlos CARVALHAS]; Popular Party or
PP [Manuel MONTEIRO], may have joined the CDS for the election;
National Solidarity Party or PSN [Manuel SERGIO]; Center Democratic
Party or CDS; United Democratic Coalition or CDU (communists)
International organization participation: AfDB, Australia Group, BIS,
CCC, CE, CERN, EBRD, ECE, ECLAC, EIB, EU, FAO, IADB, IAEA, IBRD, ICAO,
ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO,
Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, LAIA (observer),
MINURSO, MTCR, NACC, NAM (guest), NATO, NEA, NSG, OAS (observer),
OECD, OSCE, PCA, UN, UN Security Council (temporary), UNAVEM III,
UNCTAD, UNESCO, UNIDO, UNMIBH, UNMOP, UPU, WCL, WEU, WFTU, WHO, WIPO,
WMO, WToO, WTrO, ZC
Diplomatic representation in the US: chief of mission: Ambassador Fernando Antonio de Lacerda ANDRESEN GUIMARAES chancery: 2125 Kalorama Road NW, Washington, DC 20008 telephone : [1] (202) 328-8610 FAX: [1] (202) 462-3726 consulate(s) general: Boston, New York, Newark (New Jersey), and San Francisco consulate(s): Los Angeles, New Bedford (Massachusetts), Providence (Rhode Island), Washington, DC
Diplomatic representation from the US: chief of mission: Ambassador Elizabeth Frawley BAGLEY embassy: Avenida das Forcas Armadas, 1600 Lisbon mailing address : PSC 83, APO AE 09726 telephone: [351] (1) 7266600, 7266659, 7268670, 7268880 FAX: [351] (1) 7269109 consulate(s): Ponta Delgada (Azores)
Flag description: two vertical bands of green (hoist side, two-fifths) and red (three-fifths) with the Portuguese coat of arms centered on the dividing line
Economy
Economy - overview: Portugal's short-term economic fundamentals remain strong: the economy has grown by more than 2% during the past two years, with similar growth expected in 1997. The Socialist government's primary economic goal is to place Portugal in the first group of countries adopting the single European currency, and it has instituted a disciplined 1997 budget to bolster Lisbon's chances. Portuguese government forecasts suggest that it is likely to meet partially the Maastricht monetary convergence criteria by lowering its budget deficit from 4% of GDP in 1996 to 2.9% in 1997, although the government predicts that government debt will be cut only to 68% of GDP, overshooting Maastricht's 60% target. Social programs - a priority for the Socialists - will still grow slightly faster than GDP in 1997, mandating strict budget discipline in other areas. As for the long run, Portugal is increasing its infrastructure spending - much of it in anticipation of hosting the world's International Exposition in 1998 - while working to modernize its capital plant and increase competitiveness in hopes of increasing Portugal's GDP, which remains below 65% of the EU's average GDP per capita.
GDP: purchasing power parity - $122.1 billion (1996 est.)
GDP - real growth rate: 2.5% (1996 est.)