Diplomatic representation in the US:
chief of mission: Ambassador Fatima Lima VEIGA chancery: 3415 Massachusetts Avenue NW, Washington, DC 20007 telephone: [1] (202) 965-6820 FAX: [1] (202) 965-1207 consulate(s) general: Boston
Diplomatic representation from the US:
chief of mission: Ambassador Marianne M. MYLES embassy: Rua Abilio Macedo n6, Praia mailing address: C. P. 201, Praia telephone: [238] 2-60-89-00 FAX: [238] 2-61-13-55
Flag description:
five unequal horizontal bands; the top-most band of blue - equal to one half the width of the flag - is followed by three bands of white, red, and white, each equal to 1/12 of the width, and a bottom stripe of blue equal to one quarter of the flag width; a circle of 10, yellow, five-pointed stars, each representing one of the islands, is centered on the red stripe and positioned 3/8 of the length of the flag from the hoist side
Economy
Cape Verde
Economy - overview:
This island economy suffers from a poor natural resource base, including serious water shortages exacerbated by cycles of long-term drought. The economy is service-oriented, with commerce, transport, tourism, and public services accounting for about three-fourths of GDP. Although nearly 70% of the population lives in rural areas, the share of food production in GDP is low. About 82% of food must be imported. The fishing potential, mostly lobster and tuna, is not fully exploited. Cape Verde annually runs a high trade deficit, financed by foreign aid and remittances from emigrants; remittances supplement GDP by more than 20%. Economic reforms are aimed at developing the private sector and attracting foreign investment to diversify the economy. Future prospects depend heavily on the maintenance of aid flows, the encouragement of tourism, remittances, and the momentum of the government's development program. Cape Verde became a member of the WTO in July 2008.
GDP (purchasing power parity):