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Economics
Major Industries: Major Export in year 2013:
Agriculture Textiles and Footwear
Fishery Hydrocarbon
Economics
Banking System
Low liquidity
Poor management
High bad debt
Macroeconomic Imbalance
Trade and current account
imbalance
Import > Export
Saving and investment
account imbalance
High Interest Rate (8.8% in
2012)
Inflation rate and exchange
rate
Cost of doing
business
Politics
Advantages
Stable political situation
Supportive to attract foreign
investment
Disadvantages
Official corruption
Property rights lagging behind
Slow government bureaucracy