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Region:
South-central
Asia
Capital:
Kathmandu
Population:
27 070 666 (July
2004 est.)
Surface
area:
147 181 square
km
Currency:
rupee
GDP
per capita:
$1 400 (2003
est.)
Historic
background:
Reforms
in 1990 established
a multiparty
democracy within
the framework
of a constitutional
monarchy. A Maoist
insurgency launched
in 1996 is threatening
to bring down
the regime, especially
after a negotiated
cease-fire between
the Maoists and
government forces
broke down in
August 2003.
In
2001, the crown
prince massacred
ten members of
the royal family,
including the
king and queen,
and then took
his own life.
In October 2002,
the new king
dismissed the
prime minister
and his cabinet
for "incompetence"
after they dissolved
the parliament
and were subsequently
unable to hold
elections because
of the ongoing
insurgency. While
stopping short
to re-establish
parliament, the
king subsequently
reinstated a
multi-party government
in June 2004.
Economy
– overview:
42%
of Nepal’s
population is
living below
the poverty line.
Agriculture is
the mainstay
of the economy,
providing a livelihood
for over 80%
of the population
and accounting
for 40% of GDP.
Industrial activity
mainly involves
the processing
of agricultural
produce including
jute, sugarcane,
tobacco, and
grain. Security
concerns in the
wake of the Maoist
conflict and
the 11 September
2001 terrorist
attacks in the
US have led to
a decrease in
tourism, a key
source of foreign
exchange. The
international
community's role
of funding more
than 60% of Nepal's
development budget
and more than
28% of total
budgetary expenditures
will likely continue
as a major ingredient
of growth.
United
Nations Membership
date:
14 December 1955
New
York Mission:
Permanent Mission
of the Kingdom
of Nepal to the
United Nations,
820 2nd Avenue,
Suite 17B, New
York, N.Y. 10017
Telephone: 212-370-3988
/ 3989
Fax: 212-953-2038
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