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 Mexicoportal |
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]
| 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 | ||
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Fobaproa was a contingencies fund created in 1990 by the Mexican government, led by then dominant Institutional Revolutionary Party (PRI) to attempt to resolve liquidity problems of the banking system. The contingencies fund was applied in 1995 during the Mexican peso crisis to protect Mexican banks. In 1998, it was replaced by Instituto para la Protección al Ahorro Bancario, Mexico's current deposit insurance agency.
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Luis Miguel Gerónimo Barbosa Huerta was a Mexican politician affiliated with Morena who served as Governor of Puebla from 2019 until his death in 2022. He was a senator of the LXII and LXIII Legislatures of the Mexican Congress and also served as a federal deputy between 2000 and 2003. He was a candidate for the governorship of Puebla for the coalition Juntos Haremos Historia—formed by Morena, the Labor Party (PT) and the Social Encounter Party (PES)—for the state elections of 2018 and the 2019 special election.
María Alejandra Barrales Magdaleno is a Mexican lawyer and politician and the former president of the Party of the Democratic Revolution. She formerly represented the Federal District in the Senate and also served as a federal deputy and in the Legislative Assembly of the Federal District.
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Events in the year 1998 in Mexico.
Legislative elections were held in Mexico on 6 June 2021. Voters elected 500 deputies to sit in the Chamber of Deputies for the 65th Congress. These elections took place concurrently with the country's state elections.
