.
(National Salvation
Movement) 24%, Antonio NAVARRO Wolff (AD/M-19) 13%, Rodrigo LLOREDA
(Conservative Party) 12%
note:
a new government will be inaugurated on 7 August 1994; the
presidential election of 29 May 1994 resulted in no candidate
receiving more than 50% of the total vote and a run-off election to
select a president from the two leading candidates was held on 19 June
1994; results - Ernesto SAMPER Pizano (Liberal Party) 50.4%, Andres
PASTRANA Arango (Conservative Party) 48.6%, blank votes 1%; Humberto
de la CALLE was elected vice president; electing a vice president is a
new proceedure that replaces the traditional appointment of
president-designates by newly elected presidents
cabinet:
Cabinet
Legislative branch:
bicameral Congress (Congreso)
Senate (Senado):
elections last held 13 March 1994 (next to be held NA March 1998);
preliminary results - percent of vote by party NA; seats - (102 total)
Liberal Party 59, conservatives (includes PC, MSN, and NDF) 31, other
12
House of Representatives (Camara de Representantes):
elections last held 13 March 1994 (next to be held NA March 1998);
preliminary results - percent of vote by party NA; seats - (161 total)
Liberal Party 89, conservatives (includes PC, MSN, and NDF) 53,
AD/M-19 2, other 17
Judicial branch:
Supreme Court of Justice (Corte Suprema de Justical), Constitutional
Court, Council of State
Political parties and leaders:
Liberal Party (PL), Ernesto SAMPER Pizano, president; Conservative
Party (PC), Misael PASTRANA Borrero; National Salvation Movement
(MSN), Alvaro GOMEZ Hurtado; New Democratic Force (NDF), Andres
PASTRANA Arango; Democratic Alliance M-19 (AD/M-19) is a coalition of
small leftist parties and dissident liberals and conservatives;
Patriotic Union (UP) is a legal political party formed by
Revolutionary Armed Forces of Colombia (FARC) and Colombian Communist
Party (PCC), Carlos ROMERO
Other political or pressure groups:
three insurgent groups are active in Colombia - Revolutionary Armed
Forces of Colombia (FARC), Manuel MARULANDA and Alfonso CANO; National
Liberation Army (ELN), Manuel PEREZ; and dissidents of the recently
demobilized People's Liberation Army (EPL), Francisco CARABALLO;
Francisco CARABALLO was captured by the government in June 1994
Member of:
AG, CDB, CG, ECLAC, FAO, G-3, G-11, G-24, G-77, GATT, IADB, IAEA,
IBRD, ICAO, ICC, ICFTU, IDA, IFAD, IFC, ILO, IMF, IMO, INMARSAT,
INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LAES, LAIA, LORCS, NAM, OAS,
ONUSAL, OPANAL, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNPROFOR,
UNTAC, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in US:
chief of mission:
Ambassador Gabriel SILVA
chancery:
2118 Leroy Place NW, Washington, DC 20008
telephone:
(202) 387–8338
FAX:
(202) 232–8643
consulate(s) general:
Boston, Chicago, Houston, Los Angeles, Miami, New Orleans, New York,
San Francisco, San Juan (Puerto Rico), and Washington
consulate(s):
Atlanta, Detroit, Los Angeles, and Tampa
US diplomatic representation:
chief of mission:
Ambassador Morris D. BUSBY
embassy:
Calle 38, No. 8–61, Bogota
mailing address:
Apartado Aereo 3831, Bogota or APO AA 34038
telephone:
[57] (1) 320–1300
FAX:
[57] (1) 288–5687
consulate(s):
Barranquilla
Flag:
three horizontal bands of yellow (top, double-width), blue, and red;
similar to the flag of Ecuador, which is longer and bears the
Ecuadorian coat of arms superimposed in the center
@Colombia, Economy
Overview:
Colombia's economic growth has recovered steadily since 1991 as
President GAVIRIA'S sweeping economic reform measures have taken hold.
Market reforms have included trade and investment liberalization,
labor and tax overhauls and bureaucratic streamlining, among other
things. Furthermore, conservative fiscal and monetary policies have
helped to steadily reduce inflation to 23% and unemployment to about
7% in 1993. The rapid development of oil, coal, and other
nontraditional industries has helped offset the decline in coffee
prices. A major oil find in 1993 in eastern Colombia may provide an
extra $3 billion annually to the economy by 1997. Increased foreign
investment and even greater domestic activity have been hampered,
however, by a troublesome rural insurgency, a decrepit energy and
transportation infrastructure, and drug-related violence. Agriculture
also has encountered problems in adjusting to fewer subsidies, greater
competition, and the collapse of the international coffee agreement,
which has kept world coffee prices at near-record lows in 1991–93.
Business construction was a leading sector in 1993. The substantial
trade deficit in 1993 was the result of a strong peso that inhibited
exports and a liberalized government policy that spurred imports.
National product:
GDP - purchasing power equivalent - $192 billion (1993 est.)
National product real growth rate:
5.1% (1993 est.)
National product per capita:
$5,500 (1993 est.)
Inflation rate (consumer prices):
22.6% (1993 est.)
Unemployment rate:
7.9% (1993 est.)
Budget:
revenues:
$11 billion