Group of 10 (G-10)

Group of 10 (G-10)

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