Group of Ten (G-10)

Groupe des Dix
Grupo de los Diez

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1962, as an informal group of countries or participating institutions contributing to General Arrangements to Borrow (GAB). GAB Arrangements were established in 1962 by a Decision of the Executive Board of International Monetary Fund (IMF), with the purpose of increasing the potential lending resources of the IMF. They established quotas for each participant, fixing the maximum amount it is prepared to lend. The expression 'Group of Ten' - or Group of 10 - is usually used to refer to the same group of countries or participating institutions as the contributors to the GAB, meeting in a much wider capacity, as the group of major industrial countries which have a key role in the international monetary system and therefore a special responsibility concerning the problems relating to the functioning and structure of the system. In this capacity they began to meet in 1962 to carry out a thorough examination of the international monetary system. This examination led to the proposals in 1966 to create a new reserve asset, the Special Drawing Right (SDR). In 1983, the participants decided to revise and enlarge the GAB. Revisions became effective 26 Dec 1983 and provide for a substantial increase in lines of credit available to the IMF; the amounts are fixed in SDRs. They also permit the IMF, under certain circumstances, to extend GAB resources to members which are not GAB participants; they permit certain borrowing arrangements between the Fund and non-participating members to be associated with the GAB.

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Relations with Inter-Governmental Organizations

Relations with 3 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 1 non-governmental organizations.
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Members in 11 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Finance
  • Recreation
    • Painting, Drawing
  • Peace
    • Rights

UN Sustainable Development Goals **

GOAL 5: Gender EqualityGOAL 10: Reduced InequalityGOAL 16: Peace and Justice Strong Institutions



Last News Received

29. Sep 2011
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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