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ID-83-18 1 (1983-02-28)

handle is hein.gao/gaobabdxa0001 and id is 1 raw text is: UUNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 INTERNATIONAL DIVISION B-21 0693 The Honorable M. Peter McPherson Administrator, Agency for International Development Dear Mr. McPherson: The enclosed report discusses AID's progress to date assisting the Government of Egypt in developing its private sector. We found that progress was limited by project design problems and local institutional support for the private sector. We also found that the experiences of the Egyptian program may be useful for developing private-sector programs for other countries. The report contains recommendations to you on pages 16 and 35. As you know, 31 U.S.C. S720 requires the head of a Federal agency to submit a written statement on actions taken on our recommendations to the House Committee on Government Operations and the Senate Committee on Governmental Affairs not later than 60 days after the date of the report and to the House and Senate Committees on Appropriations with the agency's first request for appropriations made more than 60 days after the date of the report. We are sending copies of the report to the Secretaries of State and Commerce, the Director, Office of Management and Bud- get, the President of the Overseas Private Investment Corpor- ation, the United States Trade Representative, and appropriate congressional committees. Sincerely yours, Frank C. Conahan Director

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