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TIME: Almanac 1990
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1990 Time Magazine Compact Almanac, The (1991)(Time).iso
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sthelena.4
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1991-04-11
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Economy
Overview: The economy depends primarily on financial assistance
from the UK. The local population earns some income from
fishing, the rearing of livestock, and sales of handicrafts.
Because there are few jobs, a large proportion of the work force
have left to seek employment overseas.
GDP: $NA, per capita $NA; real growth rate NA%.
Inflation rate (consumer prices): -1.1% (1986).
Unemployment rate: NA%.
Budget: revenues $3.2 million; expenditures $2.9 million,
including capital expenditures of NA (1984).
Exports: $23.9 thousand (f.o.b., 1984); commodities--fish
(frozen skipjack, tuna, salt-dried skipjack), handicrafts;
partners--South Africa, UK.
Imports: $2.4 million (c.i.f., 1984); commodities--food,
beverages, tobacco, fuel oils, animal feed, building materials,
motor vehicles and parts, machinery and parts; partners--UK,
South Africa.
External debt: $NA.
Industrial production: growth rate NA%.
Electricity: 9,800 kW capacity; 10 million kWh produced,
1,390 kWh per capita (1989).
Industries: crafts (furniture, lacework, fancy woodwork), fish.
Agriculture: maize, potatoes, vegetables; timber production
being developed; crawfishing on Tristan da Cunha.
Aid: Western (non-US) countries, ODA and OOF bilateral commitments
(1970-87), $168 million.
Currency: St. Helenian pound (plural--pounds); 1 St. Helenian
pound (LS) = 100 pence.
Exchange rates: St. Helenian pounds (LS) per US$1--0.6055
(January 1990), 0.6099 (1989), 0.5614 (1988), 0.6102 (1987),
0.6817 (1986), 0.7714 (1985); note--the St. Helenian pound
is at par with the British pound.
Fiscal year: 1 April-31 March.