Rahul Sharma

Mexican Fobaproa funds referendum, 1998

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Mexican Fobaproa funds referendum, 1998

An unofficial referendum on use of Fobaproa funds was held in Mexico on 30 August 1998. 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.

References

Mexican Fobaproa funds referendum, 1998 Wikipedia


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