General Arrangements to Borrow, general agreement to borrow
the arrangement set up in 1962 involving the members of the group of ten and Switzerland, then not a G-10 member, under which the countries concerned agreed to provide special credits to the IMF in their own currencies for G-10 member countries. The GAB needs the collective agreement of its members to be activated. The credits are separate from the IMF's normal resources and are only for use by a GAB member facing currency or payments difficulties