31.   Moreover a private American economist said yesterday the dollar is too strong.

32.   Most disturbing to private economists is the basic agreement on the restructuring of state enterprises signed last year by the government and the unions.

33.   Most private economists and many administration officials have viewed the interest rate increases as necessary.

34.   Most private economists believe the real figure to be far higher.

35.   Private economists say it could be as much as three times that number.

36.   Private economists also hailed the financing commitments, but warned that Argentina still faced a delicate task of raising government revenues while stoking economic growth at the same time.

37.   Private economists are less sanguine.

38.   Private economists are more confident.

39.   Private economists in Japan and the U.S. government protested repeatedly that the tax increase would be more than the fragile economy could withstand.

40.   Private economists say that figure is much higher.