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121995 1 (1982-05-20)

handle is hein.gao/gaobactcl0001 and id is 1 raw text is: 





              UNITED STATES GENERAL ACCOUNTING OFFICE
                      WASHINGTON, D.C.  20548


                                             FOR RELEASE
                                             Thursday, May 20, 1982


                     STATEMENT FOR THE RECORD

                              BY THE

                      INTERNATIONAL DIVISION

                  U.S. GENERAL ACCOUNTING OFFICE

                        SUBMITTED TO THE

                   COMMITTEE ON APPROPRIATIONS

               SUBCOMMITTEE ON FOREIGN OPERATIONS

                    HOUSE OF REPRESENTATIVES

                               ON

                 THE CARIBBEAN BASIN INITIATIVE


Mr. Chairman and Members of the Subcommittee:

     We are pleased to provide you with some questions and concernS

about the Caribbean Basin Initiative (CBI) that arise from our

reviews of U.S. development assistance programs in general, and of

those in the Caribbean and Latin America.  We believe some basic

premises should be considered as the Congress and the Administra-

tion continue to examine the proposed legislation.

     Some of these include:

     --Economic recovery in the Caribbean Basin must be addressed

       by analyzing specific country problems, not only on a

       regional basis.



                                                          111111
                                 l   13                      121995

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