1998 Mexican Fobaproa funds referendum

1998-08-30 dmy Mexico Government proposal PRD proposal Other proposals 26,488 2,903,004 61,617 69,603 An unofficial referendum on use of Fobaproa funds was held in Mexico on 30 August 1998.Mexico, 30 August 1998: Use of Fobaproa funds Direct Democracy de 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. 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. Results ChoiceVotes%Government proposal26,4880.89PRD proposal2,903,00497.05Other proposal61,6172.06Invalid/blank votes69,603–Total3,060,712100.00Registered voters/turnout Source: Direct Democracy References Mexican Fobaproa funds referendum Fobaproa funds referendum Category:Referendums in Mexico Fobaproa funds referendum Fobaproa funds referendum