FAX: [692] 247-4012
Flag description:
blue with two stripes radiating from the lower hoist-side corner - orange (top) and white; a white star with four large rays and 20 small rays appears on the hoist side above the two stripes; blue represents the Pacific Ocean, the orange stripe signifies the Ralik Chain or sunset and courage, while the white stripe signifies the Ratak Chain or sunrise and peace; the star symbolizes the cross of Christianity, each of the 24 rays designates one of the electoral districts in the country and the four larger rays highlight the principal cultural centers of Majuro, Jaluit, Wotje, and Ebeye; the rising diagonal band can also be interpreted as representing the equator, with the star showing the archipelago's position just to the north
National anthem:
name: "Forever Marshall Islands"
lyrics/music: Amata KABUA
note: adopted 1981
Economy ::Marshall Islands
Economy - overview:
US Government assistance is the mainstay of this tiny island economy. The Marshall Islands received more than $1 billion in aid from the US from 1986-2002. Agricultural production, primarily subsistence, is concentrated on small farms; the most important commercial crops are coconuts and breadfruit. Small-scale industry is limited to handicrafts, tuna processing, and copra. The tourist industry, now a small source of foreign exchange employing less than 10% of the labor force, remains the best hope for future added income. The islands have few natural resources, and imports far exceed exports. Under the terms of the Amended Compact of Free Association, the US will provide millions of dollars per year to the Marshall Islands (RMI) through 2023, at which time a Trust Fund made up of US and RMI contributions will begin perpetual annual payouts. Government downsizing, drought, a drop in construction, the decline in tourism, and less income from the renewal of fishing vessel licenses have held GDP growth to an average of 1% over the past decade.