Judicial branch: Supreme Court
Political parties and leaders: no formal parties
International organization participation: AsDB, ESCAP, G-77, IBRD,
ICAO, IDA, IFC, IMF, Intelsat, ITU, Sparteca, SPC, SPF, UN, UNCTAD,
WHO, WMO
Diplomatic representation in the US: chief of mission: Ambassador Jesse Bibiano MAREHALAU chancery: 1725 N Street NW, Washington, DC 20036 telephone: [1] (202) 223-4383 FAX: [1] (202) 223-4391 consulate(s) general: Honolulu and Tamuning (Guam)
Diplomatic representation from the US: chief of mission: Ambassador (vacant); Charge d'Affaires Cheryl A. MARTIN embassy: address NA, Kolonia mailing address: P. O. Box 1286, Pohnpei, Federated States of Micronesia 96941 telephone: [691] 320-2187 FAX: [691] 320-2186
Flag description: light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern
@Micronesia, Federated States of:Economy
Economy-overview: Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remoteness of the location and a lack of adequate facilities hinder development. Financial assistance from the US is the primary source of revenue, with the US pledged to spend $1 billion in the islands in the 1990s. Geographical isolation and a poorly developed infrastructure are major impediments to long-term growth.
GDP: purchasing power parity-$220 million (1996 est.) note: GDP is supplemented by grant aid, averaging perhaps $100 million annually
GDP-real growth rate: 1% (1996 est.)