Mexico's Financial Crisis: Origins, Awareness, Assistance, and Initial Efforts to Recover

Pursuant to a congressional request, GAO examined Mexico's financial crisis, focusing on the: (1) origins of the crisis; (2) extent to which the U.S. government and the International Monetary Fund (IMF) were aware of Mexico's financial crisis; (3) U.S. and IMF response to the crisis; and (4) Treasury's use of the Exchange Stabilization Fund (ESF) to fund financial assistance to Mexico.