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]
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]