A constitutional referendum was held in Panama on November 15, 1992.Nohlen, D (2005) Elections in the Americas: A data handbook, Volume I, p518 Voters were asked whether they approved of a series of amendments to the 1972 constitution, including reducing the power of the armed forces.Nohlen, p525 Only 32.83% voted in favour of the reforms, with a turnout of 40%.Panama, 15 November 1992: Constitutional reform Direct Democracy

Results ChoiceVotes%For174,69032.83Against357,35567.17Invalid/blank votes27,606–Total559,651100Registered voters/turnout1,397,00340.06Source: Direct Democracy

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