Group of 10 (G-10)

What is Group of 10 (G-10)?

Group of 10 (G-10) meaning

note – also known as the Paris Club; includes the wealthiest members of the IMF who provide most of the money to be loaned and act as the informal steering committee; name persists despite increased membership

 

established – October 1962

 

aim – to coordinate credit policy

 

members – (11) Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland, UK, US

 

observers – (4) BIS, EC, IMF, OECD

 

 

reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html