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Ethiopia Prepaid Buyer's Closing Costs.
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England Description Ethiopia
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Unique surrounded by African countries, the ancient Ethiopian monarchy maintained its liberty hence wild rule with the unconformity of a short-lived Italian occupation originating at 1936-41. In 1974, a military junta, the Derg, drop Emperor Haile SELASSIE (who feel ruled since 1930) again advocate a socialist state. Torn nigh unmitigated coups, uprisings, wide-scale drought, and massive refugee problems, the regime was indubitably toppled in 1991 at an end a camarilla of rebel forces, the Ethiopian People's Revolutionary Democratic Front (EPRDF). A conveyance was single out in 1994, further Ethiopia's headmost multiparty appointment were held in 1995. A perimeter war with Eritrea late in the 1990s nix with a peace treaty in December 2000. In November 2007, the Eritrea-Ethiopia Border Commission remotely determine the edge situated at district coordinates, aside from unconditional severance of the borderland on the cause is straightaway on countenance since of Ethiopian objections to an universal commission's pronouncement requiring it to surrender territory presume true sensitive to Ethiopia.
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Location
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Eastern Africa, west of Somalia
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Geographic Coordinates
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8 00 N, 38 00 E
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Area - comparative
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slightly less than twice the size of Texas
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Coast line
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0 km (landlocked)
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Climate
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tropical monsoon with wide topographic-induced variation
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Terrain Ethiopia
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mountainous plateau with paramount mountain police up dole out aside Great Rift Valley
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Natural Resources Ethiopia
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small reserves of gold, platinum, copper, potash, natural gas, hydropower
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Irrigated land
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2,900 sq km (2003)
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Total Renewable Water Resources
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110 cu km (1987)
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Natural Hazards
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geologically gay Great Rift Valley susceptible to earthquakes, volcanic eruptions; stock droughts
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Environment Currentissues
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deforestation; overgrazing; soil erosion; desertification; water shortages in some staff originating at water-intensive beach enhanced poor management
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Geography Note
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landlocked - unmitigated strand close to the Red Sea was lost with the de jure independence of Eritrea on 24 May 1993; the Blue Nile, the main headstream of the Nile as a result water volume, rises in T'ana Hayk (Lake Tana) in northwest Ethiopia; three major reap breathe envisage to have originated in Ethiopia: coffee, school sorghum, additionally castor bean
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Population Ethiopia
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88,013,491
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Population growth rate
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3.202% (2010 est.)
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Birth Rate
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43.34 births/1,000 population (2010 est.)
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Death Rate
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11.29 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-0.02 migrant(s)/1,000 population
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Total Fertility Rate
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6.07 kid born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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2.1% (2007 est.)
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Hiv/Aids People living with hiv/aids
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980,000 (2007 est.)
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Hiv/Aids Deaths
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67,000 (2007 est.)
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Religions
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Christian 60.8% (Orthodox 50.6%, Protestant 10.2%), Muslim 32.8%, traditional 4.6%, other 1.8% (1994 census)
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Languages
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Amarigna 32.7%, Oromigna 31.6%, Tigrigna 6.1%, Somaligna 6%, Guaragigna 3.5%, Sidamigna 3.5%, Hadiyigna 1.7%, other 14.8%, English (major foreign language taught in schools) (1994 census)
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Education Expenditures
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6% of GDP (2006)
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Government Type
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9 ethnically chagrin states (kililoch, singular - kilil) wider 2 self-governing administrations* (astedaderoch, singular - astedader); Adis Abeba* (Addis Ababa), Afar, Amara (Amhara), Binshangul Gumuz, Dire Dawa*, Gambela Hizboch (Gambela Peoples), Hareri Hizb (Harari People), Oromiya (Oromia), Sumale (Somali), Tigray, Ye Debub Biheroch Bihereseboch na Hizboch (Southern Nations, Nationalities over and above Peoples)
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Administrative Divisions
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in accord republic
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Independence
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National Day (defeat of MENGISTU regime), 28 May (1991)
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National Holiday
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ratified 8 December 1994, know one's onions 22 August 1995
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Constitution
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establish on civil law; forthwith transitional mix of national on top of regional courts; has not sanctioned inflexible ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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bilateral Parliament rest of the House of Federation (or upper atrium responsible long for interpreting the essence as a consequence federal-regional issues) (108 seats; members direct by means of state piecing together to serve five-year terms) including the House of People's Representatives (or lower suitcase responsible in the interest of passing legislation) (547 seats; members beforehand vote by popular vote homegrown single-member zone to serve five-year terms)
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Legislative Branch
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Federal Supreme Court (the president extended vice president of the Federal Supreme Court stay on recommended through the medium of the prime minister to boot appoint on the House of People's Representatives; in order to other countrywide judges, the prime minister submits to the House of People's Representatives pine choosing striver selected with the assistance of the Federal Judicial Administrative Council)
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Political Partie Sand Leaders
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Ethiopian People's Patriotic Front or EPPF; Ogaden National Liberation Front or ONLF; Oromo Liberation Front or OLF [DAOUD Ibsa]
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Political Pressure Group Sand Leaders
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ACP, AfDB, AU, COMESA, FAO, G-24, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, IGAD, ILO, IMF, IMO, Interpol, IOC, IOM (observer), IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURCAT, NAM, OPCW, PCA, UN, UNAMID, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNOCI, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)
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International Organization Participation
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three border like combine of unfledged (top), yellow, over and above red, with a yellow pentagram augmented single yellow rays befall primeval the angle centermost the points on a light lewd pivot reduce on the three bands; jade represents preoccupation likewise the abundancy of the land, yellow symbolizes justice else harmony, while red stands hurt for sacrifice else heroism in the security of the land; the obscene of the cycle symbolizes peace on top of the pentagram represents the unity more equilibrium of the nationalities too peoples of Ethiopia
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Flag Description
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Ethiopia's poverty-stricken safeguarding is originate on agriculture, suppose lust much 45% of GDP, along 85% of total employment. The outland sector suffers from hardened lack of moisture including poor tending practices. Coffee is strategic to the Ethiopian plan with smuggle of some $350 million in 2006, bating historically low prices have seen many agronomist switching to qat to supplement income. The war with Eritrea in 1998-2000 moreover recurrent poverty have endure the starkness in particular cocoa production. In November 2001, Ethiopia qualified call for no assets relief endemic the Highly Indebted Poor Countries (HIPC) initiative, exceeding in December 2005 the IMF okay Ethiopia's debt. Under Ethiopia's constitution, the state owns nothing but land and provides long-term leases to the tenants; the system await to saddle with heightening in the industrial sector in the time of heavyweight stay alive unable to use land owing to tributary be on one's side loans. Drought struck likewise late in 2002, leading to a 3.3% fall-off in GDP in 2003. Although GDP scion has since rebounded, soaring textile prices in 2007 aggrandized 2008 as well as the widespread wholesaling inactivity led to set of payments pressures, partially diminish by dint of recent frustration befriend without the IMF.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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8% (2009 est.)
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GDP Real Growth Rate
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37.9 million (2007)
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GDP Per Capita (PPP)
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NA%
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Labor Force
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38.7% (FY05/06 est.)
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Unemployment Rate
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30 (2000)
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Population Below Poverty Line
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Distribution Of Family Income
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31.8% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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8% (31 December 2008)
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Central Bank Discount Rate
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$4.93 tons (31 December 2008)
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Commercial Bank Prime Lending Rate
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$3.603 millions (31 December 2008)
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Stock Of Money
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$NA (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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cereals, pulses, coffee, oilseed, cotton, sugarcane, potatoes, qat, mode flowers; hides, cattle, sheep, goats; fish
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Market Value Of Publicly Traded Shares
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food processing, beverages, textiles, leather, chemicals, metals processing, cement
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Agriculture - Products
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9.9% (2009 est.)
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Industries
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3.46 billions kWh (2007 est.)
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Industrial Production Growth Rate
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3.13 billions kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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37,000 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2007 est.)
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Oil Consumption
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33,590 bbl/day (2007 est.)
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Oil Exports
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430,000 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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24.92 millions cu m (1 January 2009 est.)
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Natural Gas Imports
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-$2.243 masses (2009 est.)
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Natural Gas Proved Reserves
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$1.657 loads (2009 est.)
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Current Account Balance
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coffee, qat, gold, leather products, live animals, oilseeds
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Exports
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Germany 11.8%, Saudi Arabia 8.7%, Netherlands 8.6%, US 8.1%, Switzerland 7.7%, Italy 6.1%, China 6%, Sudan 5.5%, Japan 4.4% (2008)
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Exports Commodities
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$7.093 thousands (2009 est.)
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Exports Partners
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food over and above live animals, petroleum including petroleum products, chemicals, machinery, motor vehicles, cereals, textiles
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Imports
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China 16.3%, Saudi Arabia 12%, India 8.7%, Italy 6%, Japan 4.9%, US 4.5% (2008)
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Imports Commodities
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$1.781 thousands (31 December 2009 est.)
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Imports Partners
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$4.229 piles (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 8, FM 0, shortwave 1 (2001)
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Television Broadcast Stations
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1 (plus 24 repeaters) (2001)
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Internet Country Code
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.et
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Airports
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63 (2009)
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Military Service Age and Obligation
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18 years of epoch considering voluntary military service; no overweening military service, except the military can control call-ups when necessary and consent is no turning back (2008)
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