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SIGNATURE JOSEPH P. CARUSONE
TITLE ASST VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000906013
<NAME> ALLIANCE WORLD DOLLAR GOVERNMENT FUND, II
<S> <C>
<PERIOD-TYPE> YEAR
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<PERIOD-END> MAR-31-1998
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</TABLE>
ALLIANCE WORLD DOLLAR GOVERNMENT Exhibit 77D
FUND II, INC.
811-7732
At a Special Meeting of the Board of Directors held on July 29, 1997, the
Directors approved a modification of the Fund's investment policies with
respect to Brady Bonds. The Fund had been required to invest at least 50%
of its aggregate sovereign debt positions in collateralized Brady Bonds.
While leaving intact the Fund's required minimum investments in sovereign
debt obligations, the Fund's Board acted to broaden and update the Fund's
investment policies by eliminating the requirement that a minimum portion
of those investments consist of collateralized Brady Bonds.
ALLIANCE WORLD DOLLAR GOVERNMENT Exhibit 77Q2
FUND II, INC.
811-7732
During the Fund's fiscal year ended March 31, 1997 a Form 3 was filed late
on behalf of Donald J. Robinson, a Director of the Fund. The report did
not relate to any transactions.
During the Fund's fiscal year ended March 31, 1998 a Form 4 was filed late
on behalf of John H. Dobkin, a Director of the Fund. The report related
to the purchase of shares of the Fund.
s:\witmit\nsar-598.wd2
Report of Independent Auditors
To the Shareholders and Board of Directors of
Alliance World Dollar Government Fund II, Inc.
In planning and performing our audit of the financial statements of Alliance
World Dollar Government Fund II, Inc. for the year ended March 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-NSAR, not to provide assurance on the internal control.
The management of Alliance World Dollar Government Fund II, Inc. is
responsible for establishing and maintaining internal control. In fulfilling
this responsiblity, estimates and judgements 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 the internal control would not necessarily disclose all
matters in the 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 errors 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 the internal control and its operation, including controls for
safeguarding securities, that we consider to be material weaknesses as
defined above at March 31, 1998.
This report is intended solely for the information and use of the board of
directors and management of Alliance World Dollar Government Fund II, Inc.
and the Securities and Exchange Commission.
/s/ Ernst & Young LLP
April 30, 1998
