Centre has two (2) copies of Volume II. See 00559-XI for Volume I.

This report presents the Government of the Dominican Republic's proposed 1989-1991 Public Sector Investment Program (PSIP). This PSIP is design to foster the sustained recovery of the economy and help create the foundation for growth-oriented structural adjustment in support of the Government's Medium Term Economic Program. Both a core PSIP and a reserve list of projects were prepared. The core PSIP constitutes the program the Government proposed to implement; reserve projects could be implemented depending on donor interest. This report also examines the linkages between the constraints to growth and the Core PSIP and between the Core PSIP and the policies required for its implementation and efficiency; assesses the proposed PSIP's potential effects on internal and external balance, and recommends priority projects to the international donor community to mobilize external financing to cover the estimated direct foreign exchange costs of the Core PSIP, help eliminate the projected 1989-1991 balance of payments financing gap and make feasible the Governments program for growth-oriented structural change.

General