Nicaragua Urges Rich Countries To Support
Poor Ones To Weather Crisis
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Nicaragua Urges Rich Countries To Support
Poor Ones To Weather Crisis
Managua - A
Nicaraguan official on Thursday urged
developed countries and multilateral
organizations to support poorer countries
with financial resources in order to pull
through the world economic crisis.
Treasury Minister Alberto Guevara, said that
developed countries and multilateral
organizations must be more flexible and
support less developed nations, which are
suffering economic deceleration.
The crisis which began in 2008, will be
extended without doubt to 2010, Guevara said
during the Central American and Dominican
Republic Governors Meeting.
Guevara said the world economic crisis
affects the public finances of the region's
poor countries.
"Despite the world economic crisis, all
countries leaders of the region have
compromised to keep the fiscal stability, to
seriously work on the control of the current
expenditure, and to improve the quality of
the public expenditure," Guevara said.
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