ISLAMABAD: United States Vice President Kamala Harris has urged people to “understand the power of their vote” while speaking at a ceremony organized by Pakistani-Americans, reported Geo News on Saturday, as the US gears up for a close presidential contest in November.
The race to the office of the head of the state features incumbent President Joe Biden facing off against Donald Trump amid a highly polarized political climate.
The Biden administration’s popularity has waned, particularly due to its stance on Israel’s war on Gaza, leading to significant disenchantment within his own party base, with some supporters distancing themselves from his policies.
Adding to the administration’s challenges, Biden’s recent performance in a presidential debate against Trump was widely criticized, marking another setback in his campaign efforts.
“We are going to win. It’s not going to be easy but we are going to win,” Harris told the gathering of around 50 people co-hosted by Dr. Asif Mahmood and business tycoon Tanweer Ahmad in Bradbury, California.
“In this election, we will determine what kind of country we want and we will make a statement about who we are as a country,” she continued. “I hope everyone must understand the power of their vote and that their vote being an extension of their voice in weighing in what kind of country we want to live in.”
Harris highlighted Trump’s anti-immigrant policies at the occasion and steps taken by Biden to “uplift the middle class.”
She said Trump only cared about himself and sought personal gains.
“The fundamental thing is freedom and liberty,” she added. “We are talking about freedom from hate and bigotry in a world where these extremists are intentionally trying to divide our country by spewing hate.”
Pakistani-Americans have made significant contributions to their adopted country, excelling in various fields such as technology, medicine, academia and business, thereby enriching the American cultural and economic fabric.
Politically active across the spectrum, they are involved in various advocacy and community initiatives, supporting diverse causes and candidates that span the breadth of American political discourse, reflecting their varied perspectives and commitment to civic engagement.
Vice President Harris encourages voter awareness at Pakistani-American event as US election nears
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Vice President Harris encourages voter awareness at Pakistani-American event as US election nears
- Kamala Harris recognizes the contest will not be easy, though she expresses optimism that Biden will ultimately win
- She says the presidential election in November will determine what kind of a country the United States wants to be
IMF warns against policy slippage amid weak recovery as it clears $1.2 billion for Pakistan
- Pakistan rebuilt reserves, cut its deficit and slowed inflation sharply over the past one year
- Fund says climate shocks, energy debt, stalled reforms threaten stability despite recent gains
ISLAMABAD: Pakistan’s economic recovery remains fragile despite a year of painful stabilization measures that helped pull the country back from the brink of default, the International Monetary Fund (IMF) warned on Thursday, after it approved a fresh $1.2 billion disbursement under its ongoing loan program.
The approval covers the second review of Pakistan’s Extended Fund Facility (EFF) and the first review of its climate-focused Resilience and Sustainability Facility (RSF), bringing total disbursements since last year to about $3.3 billion.
Pakistan entered the IMF program in September 2024 after years of weak revenues, soaring fiscal deficits, import controls, currency depletion and repeated climate shocks left the economy close to external default. A smaller stopgap arrangement earlier that year helped avert immediate default, but the current 37-month program was designed to restore macroeconomic stability through strict monetary tightening, currency adjustments, subsidy rationalization and aggressive revenue measures.
The IMF’s new review shows that Pakistan has delivered significant gains since then. Growth recovered to 3 percent last year after shrinking the year before. Inflation fell from over 23 percent to low single digits before rising again after this year’s floods. The current account posted its first surplus in 14 years, helped by stronger remittances and a sharp reduction in imports. And the government delivered a primary budget surplus of 1.3 percent of GDP, a key program requirement. Foreign exchange reserves, which had dropped dangerously low in 2023, rose from US$9.4 billion to US$14.5 billion by June.
“Pakistan’s reform implementation under the EFF arrangement has helped preserve macroeconomic stability in the face of several recent shocks,” IMF Deputy Managing Director Nigel Clarke said in a statement after the Board meeting.
But he warned that Islamabad must “maintain prudent policies” and accelerate reforms needed for private-sector-led and sustainable growth.
The Fund noted that the 2025 monsoon floods, affecting nearly seven million people, damaging housing, livestock and key crops, and displacing more than four million, have set back the recovery. The IMF now expects GDP growth in FY26 to be slightly lower and forecasts inflation to rise to 8–10 percent in the coming months as food prices adjust.
The review warns Pakistan against relaxing monetary or fiscal discipline prematurely. It urges the State Bank to keep policy “appropriately tight,” allow exchange-rate flexibility and improve communication. Islamabad must also continue raising revenues, broadening the tax base and protecting social spending, the Fund said.
Despite the progress, Pakistan’s structural weaknesses remain severe.
Power-sector circular debt stands at about $5.7 billion, and gas-sector arrears have climbed to $11.3 billion despite tariff adjustments. Reform of state-owned enterprises has slowed, including delays in privatizing loss-making electricity distributors and Pakistan International Airlines. Key governance and anti-corruption reforms have also been pushed back.
The IMF welcomed Pakistan’s expansion of its flagship Benazir Income Support Program, which raises cash transfers for low-income families and expands coverage, saying social protection is essential as climate shocks intensify. But it warned that high public debt, about 72 percent of GDP, thin external buffers and climate exposure leave the country vulnerable if reform momentum weakens.
The Fund said Pakistan’s challenge now is to convert short-term stabilization into sustained recovery after years of economic volatility, with its ability to maintain discipline, rather than the size of external financing alone, determining the durability of its gains.
