Region:
Southern Africa
Capital:
Maseru
Population:
1 865 040 (July
2004 est.)
Surface
area:
30 355 square
km
Currency:
loti
GDP
per capita:
$3 000 (2003
est.)
Historic
background:
Basutoland
was renamed the
Kingdom of Lesotho
upon independence
from the UK in
1966. King MOSHOESHOE
was exiled in
1990. Constitutional
government was
restored in 1993
after 23 years
of military rule.
In 1998, violent
protests and
a military mutiny
following a contentious
election prompted
a brief but bloody
South African
military intervention.
Constitutional
reforms have
since restored
political stability;
peaceful parliamentary
elections were
held in 2002.
Economy
– overview:
The
economy is still
primarily based
on subsistence
agriculture,
especially livestock,
although drought
has decreased
agricultural
activity. The
extreme inequality
in the distribution
of income remains
a major drawback.
Small,
landlocked, and
mountainous,
Lesotho relies
on remittances
from miners employed
in South Africa
and customs duties
from the Southern
Africa Customs
Union for the
majority of government
revenue, but
the government
has strengthened
its tax system
to reduce dependency
on customs duties.
Completion of
a major hydropower
facility in January
1998 now permits
the sale of water
to South Africa,
also generating
royalties for
Lesotho. Lesotho
has signed an
Interim Poverty
Reduction and
Growth Facility
with the IMF.
United
Nations Membership
date:
17 October 1966
New
York Mission:
Permanent Mission
of the Kingdom
of Lesotho to
the United Nations,
204 East 39th
Street,
New York, N.Y.
10016 USA
Telephone: 212-661-1690,
1691, 1692
Fax: 212-682-4388
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