ALLIANCE WORLD DOLLAR GOVERNMENT FUND INC
POS AMI, 1996-07-17
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   As filed with the Securities and Exchange Commission
                     on July 17, 1996
            Securities Act File  No. 333-04015
         Investment Company Act File No. 811-07108

          U.S. SECURITIES AND EXCHANGE COMMISSION

                  Washington, D.C.  20549

                         FORM N-2

             (CHECK APPROPRIATE BOX OR BOXES)

  REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

               Pre-Effective Amendment No. 

              Post-Effective Amendment No. 1

                          and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF
1940

                      Amendment No. 

     Exact Name of Registrant as Specified in Charter:

        ALLIANCE WORLD DOLLAR GOVERNMENT FUND, INC.

          Address of Principal Executive Offices
         (Number, Street, City, State, Zip Code):
                1345 Avenue of the Americas
                 New York, New York 10105

   Registrant's Telephone Number, Including Area Code: 
                      (212) 969-1000

 Name and Address (Number, Street, City, State, Zip Code)
                   Of Agent For Service:

                   EDMUND P. BERGAN, JR.
         Senior Vice President and General Counsel
             ALLIANCE FUND DISTRIBUTORS, INC.
                1345 Avenue of The Americas
                 New York, New York 10105






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                      With Copies to:

     Thomas G. MacDonald              Gary S. Schpero
     Seward & Kissel                  Simpson Thacher & Bartlett
     One Battery Park Plaza           425 Lexington Avenue
     New York, New York  10004        New York, New York  10017

                    ___________________

This Post-Effective Amendment is being filed for the sole
purpose of deregistering the 3,605,295 shares of the
Registrant's Common Stock, par value $.01 per share,
previously registered pursuant hereto.
                    ___________________





<PAGE>


                        SIGNATURES

         Pursuant to the requirements of the Securities Act
of 1933, as amended, and the Investment Company Act of 1940,
as amended, the Registrant has duly caused this Amendment to
its Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of New
York and the State of New York, on the 17th day of July,
1996.


            ALLIANCE WORLD DOLLAR GOVERNMENT FUND, INC.

                                     By: /s/John D. Carifa
                                         ________________________
                                         John D. Carifa, Chairman

         Pursuant to the requirements of the Securities Act of
1933, as amended, this Amendment to the Registration Statement
has been signed below by the following persons in the capacities
and on the date indicated. 

SIGNATURE                    TITLE                    DATE

(1)  Principal Executive:

/s/ John D. Carifa           Chairman            July 17, 1996
________________________
    John D. Carifa

(2)  Principal Financial and
     Accounting Officer:

/s/ Mark D. Gersten          Treasurer and       July 17, 1996
________________________     Chief Financial
    Mark D. Gersten          Officer















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(3) All of the Directors: 

    John D. Carifa*
    Ruth Block*
    David H. Dievler*
    John H. Dobkin*     
    William H. Foulk, Jr.*
    Dr. James M. Hester*
    Clifford L. Michel*
    Robert C. White*

    /s/ Edmund P. Bergan, Jr.                    July 17, 1996
    _________________________
    Edmund P. Bergan, Jr.
    Attorney-in-Fact




































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