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
|
References