The International Monetary Fund (IMF) suggested that the government should fundamentally restructure the Consejo Estatal del Azúcar, with the participation of the private sector in the production of cane and processed sugar, because it understands that the required investment for the CEA’s recovery exceeds the financial resources of the government. The IMF considerations were in the report “Dominican Republic: Recent Economic Development” published in June 1996. Meanwhile, Antonio Isa Conde, executive director of the CEA, revealed that the company has to pay RD$550 million to the Banco de Reservas, another RD$500 million to the sugar cane growers and RD$200 million more to general suppliers.