Legislative branch: bicameral legislature consists of a Senate (91 seats) and a National Assembly or Assemblee Nationale (120 seats); members are elected by direct popular vote to serve five-year terms elections : National Assembly - last held in December 1996 (next to be held in December 2001); Senate - last held 12 January 1997 (next to be held in January 2002) election results: National Assembly - percent of vote by party - NA; seats by party - PDG 100, Morena-Bucherons/RNB 8, PUP 3, CLR 3, FAR 1, UPG 1, USG 2, PGP 2; Senate - percent of vote by party - NA; seats by party - PDG 51, RNB 17, PGP 4, ADERA 3, RDP 1, others 15 note: the provision of the constitution for the establishment of a senate was implemented in the 12 January 1997 elections
Judicial branch: Supreme Court or Cour Supreme consisting of three chambers - Judicial, Administrative, and Accounts; Constitutional Court; Courts of Appeal (2); Court of State Security; County Courts
Political parties and leaders: Action Forum for Renewal or FAR [Leon
MBOU-YEMBI, secretary general]; Circle of Liberal Reformers or CLR
[General Jean Boniface ASSELE]; Gabonese Democratic Party or PDG,
former sole party [Simplice Guedet MANZELA, secretary general];
Gabonese Party for Progress or PGP [Pierre-Louis AGONDJO-OKAWE,
president]; Gabonese People's Union or UPG [Pierre MAMBOUNDOU];
Gabonese Socialist Union or USG [Dr. Serge Mba BEKALE]; National
Recovery Movement - Lumberjacks or Morena-Bucherons/RNB [Fr. Paul
M'BA-ABESSOLE]; People's Unity Party or PUP [Louis Gaston MAYILA];
ADERA
International organization participation: ACCT, ACP, AfDB, BDEAC, CCC,
CEEAC, ECA, FAO, FZ, G-24, G-77, IAEA, IBRD, ICAO, ICFTU, IDA, IDB,
IFAD, IFC, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, NAM,
OAU, OIC, UDEAC, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WHO, WIPO, WMO,
WToO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador Paul BOUNDOUKOU-LATHA chancery: Suite 200, 2034 20th Street NW, Washington, DC 20009 telephone : [1] (202) 797-1000 FAX: [1] (202) 332-0668 consulate(s): New York
Diplomatic representation from the US: chief of mission: Ambassador Elizabeth RASPOLIC embassy: Boulevard de la Mer, Libreville mailing address : B. P. 4000, Libreville telephone: [241] 76 20 03 through 76 20 04, 74 34 92 FAX: [241] 74 55 07
Flag description: three equal horizontal bands of green (top), yellow, and blue
Economy
Economy - overview: Notwithstanding its serious ongoing economic problems, Gabon enjoys a per capita income three times that of most nations of sub-Saharan Africa. Gabon depended on timber and manganese until oil was discovered offshore in the early 1970s. The oil sector now accounts for 50% of GDP. Real GDP growth has been feeble since 1991 and Gabon continues to face fluctuating prices for its oil, timber, manganese, and uranium exports. Despite an abundance of natural wealth and a manageable rate of population growth, the economy is hobbled by poor fiscal management. In 1992, the fiscal deficit widened to 2.4% of GDP, and Gabon failed to settle arrears on its bilateral debt, leading to a cancellation of rescheduling agreements with official and private creditors. Devaluation of its Francophone currency by 50% on 12 January 1994 sparked a one-time inflationary surge, to 35%; the rate dropped to 6% in 1996. The IMF provided a one-year standby arrangement in 1994-95 and a three-year Enhanced Financing Facility (EFF) at near commercial rates beginning in late 1995. Those agreements mandate progress in privatization and fiscal discipline. France provided additional financial support in January 1997 after Gabon had met IMF targets for mid-1996.
GDP: purchasing power parity - $6.3 billion (1996 est.)