Mexican Fobaproa funds referendum, 1998

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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 proposal	26,488	0.89
PRD proposal	2,903,004	97.05
Other proposal	61,617	2.06
Invalid/blank votes	69,603	–
Total	3,060,712	100.00
Registered voters/turnout
Source: Direct Democracy

References

1 2 3 Mexico, 30 August 1998: Use of Fobaproa funds Direct Democracy (German)

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Referendums	1854 1863 1867 1995 1998 1999

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