How much US election will cost?

How much US election will cost?

World

Almost 15.09 billion dollars are expected to be spent in US election this year

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WASHINGTON (Dunya News) - The election in the United States, which would have repercussions on not just the world’s most powerful country but across the world, would be held on Nov 5. 

According to reports, almost 15.09 billion dollars would be spent in the US election this year. 

It was reported that massive funds are required in the whole process of electing the US president. The candidates have a lot of options to raise the funds necessary to contest the poll – they could either spend their own money or through private donors. 

If compared to Pakistan, the amount of the US election is equal to Rs4,420 billion. This is equal to almost 52 percent of the total revenue of Pakistan’s exports in 2023-24. 

Open Hikerts, an organisation linked with US election, said external groups also provide funds and advertisement money to their favourite candidates.