Diplomatic representation from the US: chief of mission : Ambassador Daniel H. SIMPSON embassy: 310 Avenue des Aviateurs, Kinshasa mailing address: Unit 31550, APO AE 09828 telephone: [243] (12) 21533 through 21535 FAX: [243] (88) 43805, ext. 2308 or 43467

Flag description: light blue with a large yellow five-pointed star in the center and a columnar arrangement of six small yellow five-pointed stars along the hoist side

Economy

Economy - overview: The economy of Democratic Republic of the Congo has continued to disintegrate, although former Prime Minister KENGO had had some success in slowing the rate of economic decline. While meaningful economic figures are difficult to come by, the high rate of inflation, chronic large government deficits, and plunging mineral production have made it one of the world's poorest countries. Most formal transactions are conducted in hard currency as indigenous bank notes have lost almost all value, and a barter economy now flourishes in all but the largest cities. During the bitter civil strive of 1996-97 most individuals and families have hung on grimly through subsistence farming and petty trade. The new KABILA government will be hard pressed to meet its financial obligations to the IMF or to put in place the financial measures advocated by it. Improved political stability would boost the country's long-term potential to effectively exploit its vast mineral and agricultural resources.

GDP: purchasing power parity - $16.5 billion (1995 est.)

GDP - real growth rate: -0.7% (1995 est.)

GDP - per capita: purchasing power parity - $400 (1995 est.)

GDP - composition by sector: agriculture: 59% industry: 15% services: 26% (1995 est.)

Inflation rate - consumer price index: 542% (1995)

Labor force: total: 14.51 million (1993 est.) by occupation : agriculture 65%, industry 16%, services 19% (1991 est.)