1998 Mexican Fobaproa funds referendum
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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]
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30 August 1998
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| Results | ||||||||||||||||||||||
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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 | ||