Overview of Gibraltar

Gibraltar is a British overseas territory and is a form of unplowed land located on the southern coastline of Spain. The land was first invaded and ruled by the Moors until the Spanish troops again invaded it. In the early 18th century, Spain relinquished Gibraltar to the British. Since then, it has been ruled by the UK.

Government type
There are two types of government in Gibraltar. These include Parliament Democracy and a Democratic Monarchy. The territory is mainly self-governed except when it comes to its defense. Two constitutions were passed regarding the governing bodies. The first constitution was passed in 1969, which stated that the House of Assembly would have a,

• Speaker
• 15 members that were to serve for 4 years, and
• 2 ex-officio members

Then again, on 30th November 2006, a new constitution via referendum was announced that renamed the House of Assembly to Gibraltar Parliament. The members that were to serve 4 years were also increased to 17. Moreover, the new constitution was not implemented until January 2007. The head of the executive Gibraltar Council is chosen by the British and has the authority to choose the cabinet ministers.

Suffrage
People living in Gibraltar (Gibraltarians) that are 18 or above 18 can vote. Moreover, British citizens living in the headland for 6 or more months are also entitled to vote.

Education
The education system of the territory is stable and up to the mark. Gibraltar has numerous government schools for primary kids as well as schools for secondary kids. There are also schools in the region for kids with special needs. Moreover, the best part about Gibraltar's education system is that the government bears all the educational expenses of kids between 5-15 years old. This rule allows the kids to receive basic education without their parents have to face any financial trouble.

Economy
The economy of the peninsula is fairly stable. However, the territory is not agricultural land. But due to the territory being a coastal one, it is ideal for offshore banking. Hence, the economy of Gibraltar depends on offshore banking.

Moreover, tourism, provisioning and servicing of ships, and export are also some of the primary sources of revenue. Tobacco and canning also contribute heavily to the economy and are one of the largest industries of Gibraltar. The telecommunication and e-commerce industry also contribute 15% to the whole economy of Gibraltar. The GDP rate is 6% per annum, and the inflation rate is approximately 2.8%.

Transportation
Numerous roads provide easy and convenient transportation. There is also a cable car along the elevation, and there is one port, Gibraltar port, where numerous ferries and cargo ships arrive. There is also an airport with a well-developed cemented runway.

References

• Geonames
• Wikipedia

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