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SIGNATURE PAUL SCHUBERT
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000897996
<NAME> GLOBAL HIGH INCOME DOLLAR FUND INC.
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</TABLE>
Report of Independent Accountants
To the Shareholders and Board of Directors of
Global High Income Dollar Fund, Inc.
In planning and performing our audit of the financial
statements of
Global High Income Dollar Fund, Inc. (the "Fund") for
the year ended
October 31, 1998, we considered its internal control,
including control
activities for safeguarding securities, in order to
determine our auditing
procedures for the purpose of expressing our opinion
on the financial
statements and to comply with the requirements of
Form N-SAR, not to
provide assurance on internal control.
The management of the Fund is responsible for
establishing and
maintaining internal control. In fulfilling this
responsibility, estimates
and judgments by management are required to assess
the expected
benefits and related costs of controls. Generally,
controls that are
relevant to an audit pertain to the entity's
objective of preparing
financial statements for external purposes that are
fairly presented in
conformity with generally accepted accounting
principles. Those
controls include the safeguarding of assets against
unauthorized
acquisition, use or disposition.
Because of inherent limitations in internal control,
errors or fraud
may occur and not be detected. Also, projection of
any evaluation
of internal control to future periods is subject to
the risk that it may
become inadequate because of changes in conditions or
that the
effectiveness of the design and operation may
deteriorate.
Our consideration of internal control would not
necessarily disclose
all matters in internal control that might be
material weaknesses under
standards established by the American Institute of
Certified Public
Accountants. A material weakness is a condition in
which the design or
operation of one or more of the internal control
components does not
reduce to a relatively low level the risk that
misstatements caused by
error or fraud in amounts that would be material in
relation to the
financial statements being audited may occur and not
be detected
within a timely period by employees in the normal
course of performing
their assigned functions. However, we noted no
matters involving
internal control and its operation, including
controls for safeguarding
securities, that we consider to be material
weaknesses as defined above
as of October 31, 1998.
This report is intended solely for the information
and use of management
and the Board of Directors of Global High Income
Dollar Fund, Inc. and
the Securities and Exchange Commission.
PricewaterhouseCoopers LLP
New York, New York
December 21, 1998
(2)
To the Shareholders and Board of Directors of
Global High Income Dollar Fund, Inc.
For period ending October 31, 1998
Exhibit 77(Q)(2)
File number 811- 7540
Global High Income Dollar Fund Inc.
A Form 3 was filed late by the following officer as required by Section
16(a) of the Exchange Act during the most recent or prior fiscal years.
Number of Number of Transactions Not
Name Position with Fund Late Reports* Reported on Timely Basis
John Lee Vice President 1 0
* Report related solely to such person having been elected an officer of
the Fund.
