AGL 40.00 Decreased By ▼ -0.03 (-0.07%)
AIRLINK 128.01 Increased By ▲ 0.31 (0.24%)
BOP 6.71 Increased By ▲ 0.10 (1.51%)
CNERGY 4.52 Decreased By ▼ -0.08 (-1.74%)
DCL 9.24 Increased By ▲ 0.45 (5.12%)
DFML 41.58 No Change ▼ 0.00 (0%)
DGKC 87.14 Increased By ▲ 1.35 (1.57%)
FCCL 32.64 Increased By ▲ 0.15 (0.46%)
FFBL 64.52 Increased By ▲ 0.49 (0.77%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 111.70 Increased By ▲ 0.93 (0.84%)
HUMNL 14.90 Decreased By ▼ -0.17 (-1.13%)
KEL 5.02 Increased By ▲ 0.14 (2.87%)
KOSM 7.34 Decreased By ▼ -0.11 (-1.48%)
MLCF 40.80 Increased By ▲ 0.28 (0.69%)
NBP 61.69 Increased By ▲ 0.64 (1.05%)
OGDC 195.79 Increased By ▲ 0.92 (0.47%)
PAEL 27.52 Increased By ▲ 0.01 (0.04%)
PIBTL 7.72 Decreased By ▼ -0.09 (-1.15%)
PPL 152.70 Increased By ▲ 0.17 (0.11%)
PRL 26.76 Increased By ▲ 0.18 (0.68%)
PTC 16.30 Increased By ▲ 0.04 (0.25%)
SEARL 83.85 Decreased By ▼ -0.29 (-0.34%)
TELE 7.84 Decreased By ▼ -0.12 (-1.51%)
TOMCL 36.65 Increased By ▲ 0.05 (0.14%)
TPLP 8.97 Increased By ▲ 0.31 (3.58%)
TREET 17.00 Decreased By ▼ -0.66 (-3.74%)
TRG 58.35 Decreased By ▼ -0.27 (-0.46%)
UNITY 27.20 Increased By ▲ 0.34 (1.27%)
WTL 1.33 Decreased By ▼ -0.05 (-3.62%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,960 Increased By 768 (0.82%)
KSE30 29,500 Increased By 298.4 (1.02%)

Donald Trump will embark on the US presidential campaign with a war chest tens of millions of dollars smaller than that of his well-organised rival Hillary Clinton, financial documents filed Monday show. The presumptive Republican presidential nominee has a mere $1.3 million, according to reports filed Monday night with the Federal Election Commission. That sum represents an unprecedented low in recent history for a major presidential campaign.
Clinton's campaign - backed by big donors - had more than $42 million in the bank as of May 31, its report showed. Her super PAC (political action committee), known as Priorities USA, has another $52 million, it was reported as saying on Monday. The news came on the same day Trump dumped his controversial campaign manager as he tried to revitalize his White House bid after recent stumbles.
He has taken a hit in the national polls and prompted outrage with comments about Muslims in the wake of the Orlando gay club massacre. However Monday's reports reinforce perceptions that his campaign lags woefully behind Clinton's, which is planning to spend more than $100 million on a television advertising blitz ahead of the November election. Last week Clinton launched a media blitz of ads attacking Trump in eight key states - Colorado, Florida, Iowa, Nevada, New Hampshire, North Carolina, Ohio and Virginia.
Trump - who has alienated many traditional Republican big donors and had to lend his own campaign $2 million last month - is reported to have aired no ads since he clinched the Republican nomination last month. The financial gap mirrors the organisational one. Clinton's staff of some 700 people dwarfs Trump's skeleton staff of around 70, putting him at a huge disadvantage in the swing states needed to win the election.
Assembling operations on the ground takes time. But Trump's campaign, which has prided itself on its lean organisation, is planning to outsource it to the Republican party - a task it normally does not perform. The party on Monday reported raising only $13 million during May, about a third of the money it raised in May 2012 when Mitt Romney was the nominee.

Copyright Agence France-Presse, 2016

Comments

Comments are closed.