UN General Assembly
1993

to understand the immense complexity of our process. In 1990, the General Assembly granted Nicaragua special treatment, and called upon the international community to provide us with effective and timely support. Since then, my country has fulfilled all agreements and commitments undertaken with multilateral institutions and the international community. We are engaged in creating the necessary conditions so that private, national and international investment can contribute to the economic growth of the country and hence initiate the reconstruction process and the sustained development needed by Nicaragua. After paying for oil imports and external debt, my Government has received international assistance amounting to an average of less than $12 million a year, which does not cover the costs of such a difficult and complex transition. Our economy has stabilized; however, this has been a slow process and it does not satisfy the aspirations of an impoverished people demanding the attainment, in a short period of time, of levels of well-being that they deserve. The economic problem is our greatest source of instability, because it creates tensions in the political and