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General Arrangements to Borrow
(redirected from General Agreement to Borrow)

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General Arrangements to Borrow
Also called the GAB. A collective agreement between the nations of the G-10 and the International Monetary Fund in which the G-10 members lend a certain amount of capital. The IMF utilizes the funds of the GAB when its normal funds fall short of its borrowers' needs. See also: New Arrangements to Borrow.


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