Executive branch: chief of state: Queen ELIZABETH II of the UK (since 6 February 1952), represented by Governor General Sir Orville TURNQUEST (since 2 January 1995) head of government: Prime Minister Hubert Alexander INGRAHAM (since 19 August 1992) and Deputy Prime Minister Frank WATSON (since December 1994) cabinet: Cabinet appointed by the governor general on the prime minister's recommendation elections : none; the queen is a hereditary monarch; governor general appointed by the queen; prime minister and deputy prime minister appointed by the governor general
Legislative branch: bicameral Parliament consists of the Senate (16-member body appointed by the governor general upon the advice of the prime minister and the opposition leader for a five-year term) and the House of Assembly (40 seats; members elected by direct popular vote to serve five-year terms) elections: last held 14 March 1997 (next to be held by March 2002) election results: percent of vote by party - NA; seats by party - FNM 34, PLP 6
Judicial branch: Supreme Court
Political parties and leaders: Progressive Liberal Party or PLP [Perry
CHRISTIE]; Free National Movement or FNM [Hubert Alexander INGRAHAM]
International organization participation: ACP, C, Caricom, CCC, CDB,
ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IFC, IFRCS, ILO, IMF,
IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, NAM, OAS, OPANAL, UN,
UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTrO (applicant)
Diplomatic representation in the US: chief of mission: Ambassador Arlington Griffith BUTLER chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone : [1] (202) 319-2660 FAX: [1] (202) 319-2668 consulate(s) general : Miami and New York
Diplomatic representation from the US: chief of mission: Ambassador Sidney WILLIAMS embassy: Queen Street, Nassau mailing address: P. O. Box N-8197, Nassau; American Embassy, Nassau, P.O. Box 9009, Miami, FL 33159; Nassau, Department of State, Washington, DC 20521-3370 (pouch) telephone: [1] (242) 322-1181, 328-2206 FAX: [1] (242) 328-7838
Flag description: three equal horizontal bands of aquamarine (top), gold, and aquamarine with a black equilateral triangle based on the hoist side
Economy
Economy - overview: The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 50% of GDP and directly or indirectly employs 40% of the archipelago's labor force. A slowdown in the expansion of the tourism sector - especially stopover travel from Europe - led to a reduction in the country's GDP growth rate in 1995, down to an estimated 2% from 3.5% in 1994. The construction sector benefited from hotel rehabilitation and the government's ongoing housing development program. Earnings from exports of vegetable and citrus production have been decreasing since 1993 but were expected to increase in 1996 due to storm damage to crops in Florida. Overall growth prospects in the short run will depend heavily on the fortunes of the tourism sector and continued income growth in the US, which accounts for the majority of tourist visits.