1998 Mexican Fobaproa funds referendum|
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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 |
References
