1998 Mexican Fobaproa funds referendum

An unofficial referendum on use of Fobaproa funds was held in Mexico on 30 August 1998.[1] It was organised by the opposition Party of the Democratic Revolution (PRD), who proposed that only small- and medium-sized businesses would be compensated by the funds.[1] Slightly over 97% voted in favour of the PRD's proposal, and the Chamber of Deputies subsequently agreed to the change on 12 December by a vote of 325 to 159.[1]

Results

Choice Votes %
Government proposal26,4880.89
PRD proposal2,903,00497.05
Other proposal61,6172.06
Invalid/blank votes69,603
Total3,060,712100.00
Registered voters/turnout
Source: Direct Democracy

References

  1. Mexico, 30 August 1998: Use of Fobaproa funds Direct Democracy (in German)
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