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Saint Vincent and the Grenadines, Economy and Government

The country's economy is dominated by agriculture. In 1999 the national budget showed revenue of $100.4 million and expenditure of $116.7 million. Bananas are the leading crop. Other important crops include arrowroot, nutmeg and mace, and coconuts. Manufacturing is limited; products include cement, furniture, flour, and refined sugar. Tourism is a growing sector. The national currency is the East Caribbean dollar (2.70 E.C. dollars equal U.S.$1; 2000 average).

The governor-general represents the British sovereign, but actual power is exercised by a prime minister, who is responsible to the parliament. The parliament is the House of Assembly, consisting of 21 members; 15 are popularly elected, and 6 are appointed by the governor-general on recommendation from the prime minister and the opposition leader.

 
 

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