Nicaragua urges rich countries to support poor ones to weather crisis

Special Report:Global Financial Crisis

MANAGUA, March 5 (Chinese media) -- 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.