The World - News from May 15, 1989
President Daniel Ortega returned to Nicaragua from a 10-nation European tour with a pledge of $50 million in aid. The money, pledged last week at a conference in Stockholm, is far short of the $250 million that Ortega had said is needed to stabilize Nicaragua’s war-battered economy. But Ortega said donors who participated in the two-day conference had not ruled out additional funding. Among those represented at the conference were the International Monetary Fund, the European Commission, the Inter-American Development Bank and the U.N. Development Program.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.