Nauru is a country located in Oceania. According to AbbreviationFinder, NR is the two-letter ISO code of Nauru, and NRU is the three-letter country abbreviation for Nauru.
Nauru. In early February, general elections were held to stave off a time of political instability. According to Countryaah, the national day of Nauru is January 31. Three presidents had been deposed after a series of distrustful votes in parliament since November 1996. The newly elected 18-head parliament appointed Kinza Clodumar as president.
Nauru has no tax system. Government expenditures and investments are made from a large fund, which is funded by the revenue from the extraction of phosphate. Education, health care and housing are free.
Hammer De Rount dominated the country’s political scene from its independence until 1976. During this period he held the government, but lost it in 1976 to Bernard Dowiyogo of the Nauru Party. In 1978, De Rount again regained the post. At the 1986 election, a woman was elected to parliament for the first time since independence.
Bernard Dowiyogo regained the presidential post in 1989. During his reign, a lawsuit was launched against Australia for the rampant extraction of phosphate over 50 years. In 1991, Australia recognized that Naura was entitled to claim damages, and the UK and New Zealand agreed with Australia to pay about $ 100 million to Nauru.
That same year, Nauru had a government budget deficit for the first time. It was estimated that if extraction continued at the same pace, resources would be depleted by the year 2000.
In 1995, Lagumot Harris was elected head of government, and the government now initiated investments in aircraft and in the country’s fishing fleet. At the same time, the government was aiming to reduce the government deficit by reducing government spending, raising taxes, freezing workers’ wages for a two-year term, closing some of the country’s consulates abroad and privatizing a number of state companies.
But the fall in world market prices of phosphate, the high cost of maintaining the state airline and investments in non-profit areas caused serious problems in the economy.
- Shopareview: Offers climate information of Nauru in Spring, Summer, Autumn, and Winter, covering maximum and minimum temperature for each of 12 months. Also includes when is best time to visit this country.
NAURU. – The island was occupied by Japan in 1942 and reconquered by Australia on October 14, 1945. Since November 1947 the Australian-New Zealand-British trustee has been in force, with legislative, administrative and judicial powers devolved by mutual agreement to the Australian government, represented by an administrator. The population (1958) is 4308, of which 2158 Nauruans, 1133 other Polynesians, 654 Chinese, 373 Europeans; there were great changes in the postwar period, above all an increase in Polynesians and a decrease in Chinese. There are 3 hospitals on the island (a quarterly medical examination is mandatory for Nauruans); 3 elementary and 2 middle schools; teaching is usually in English, and education is compulsory up to the age of 16. In 1958, 34 Nauruans were studying in Australia, 3 at Suva Medical School, 1 in New Zealand. The export of phosphates in 1957-58 was 1,167,180 tons of which 60% to Australia, 32% to New Zealand, 8% to the United Kingdom.