1998 Mexican Fobaproa funds referendum|
|
|
Choice |
Votes |
% |
| Government proposal |
26,488 |
0.89% |
| PRD proposal |
2,903,004 |
97.05% |
| Other proposals |
61,617 |
2.06% |
| Valid votes |
2,991,109 |
97.73% |
| Invalid or blank votes |
69,603 |
2.27% |
| Total votes |
3,060,712 |
100.00% |
|
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 |
