August 9, 2021
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Covid vax to get full FDA approval in August: Fauci

Covid vaccines developed by Pfizer, Moderna and Johnson & Johnson have, so far, only been granted emergency-use approval by the FDA….reports Asian Lite News

 The US Food and Drug Administration (FDA) will most likely grant full approval for vaccines that protect against Covid-19, in August, the country’s top infectious disease expert Dr Anthony Fauci has said.

While the regulator conducts its own review process, Fauci on Sunday said he “hopes” that full approval will come by the end of the month, the USA Today reported.

aceNo one wants to get ahead of the FDA because they’re an independent group that makes their own decisions,” Fauci was quoted as saying on NBC News’ “Meet the Press.”

“But I hope, I don’t predict, but I hope that it’s in the next few weeks. I hope that it’s in the month of August,” added Fauci, director of the National Institute for Allergies and Infectious Diseases.

Covid vaccines developed by Pfizer, Moderna and Johnson & Johnson have, so far, only been granted emergency-use approval by the FDA. The agency is expected to soon give full approval to Pfizer, the report said.

Fauci underscored the importance of quickly inoculating the millions of Americans who remain unvaccinated, and said he believes full FDA approval would drive the cause. The White House chief medical advisor believes that there are “about 93 million people in this country who are eligible to get vaccinated who don’t get vaccinated”.

Further, a full approval could spur new vaccine mandates in private businesses, a move public health officials praise, the report said.

Last week, Fauci had warned that the US may see a more deadly variant of Covid-19 than Delta, which may breach the protections provided by the current vaccines, as the country continues to be the worst-hit with the world’s highest number of cases and deaths.

According to Johns Hopkins University’s latest update on Monday morning, the number of infections in the US stands at 35,762,751, while deaths at 616,827.

Fauci predicted that a fully approved vaccine would lead to “the empowerment of local enterprises” to institute vaccine mandates, the report said.

Even as the Biden administration struggles to vaccinate scores of unvaccinated people in the country, an increasing number of private businesses and institutions have begun mandating vaccines as a condition of employment or enrollment in educational programmes.

Dr. Francis Collins, director of the National Institute of Health, told ABC News’ “This Week” that he endorses seeing “businesses deciding that they’re going to mandate (vaccines) for their employees,” adding that “we ought to use every public health tool that we can when people are dying.”

ALSO READ: US Covid-19 cases hit six-month high

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Pakistan Risks Overstretching Itself in Yemen War

Pakistan’s expanding military role in Saudi Arabia amid the Yemen conflict could strain its defence resources and fragile finances…reports Asian Lite News Desk Pakistan’s military involvement in the war in Yemen may prove unsustainable because of mounting financial pressures and competing security demands, according to a new report. Islamabad’s growing military presence in Saudi Arabia risks stretching its defence resources while exposing the country to greater strategic and economic challenges. An article by Andrew Wilson in One World Outlook describes Pakistan’s involvement as a case of “fiscal and strategic overreach”, arguing that the country lacks the financial flexibility to sustain an expanded military commitment. Pakistan’s external finances depend heavily on an International Monetary Fund (IMF) programme, financial support from Gulf countries and remittances from Pakistani workers in the region. The report argues that deeper military involvement in the conflict could place additional pressure on these sources of financial stability. It also warns that deploying troops and military equipment abroad could weaken Pakistan’s capacity to address security challenges along its eastern border and deal with two domestic insurgencies. The move could also draw Islamabad into a conflict it has sought to approach cautiously. A Reuters report in May, citing Pakistani security and government sources, said Islamabad had deployed around 8,000 troops, a squadron of approximately 16 aircraft, mostly JF-17 fighter jets, two drone squadrons and a Chinese HQ-9 air-defence battery to Saudi Arabia. According to those sources, Riyadh was financing the deployment, with Pakistani personnel operating the equipment. The sources also said a confidential agreement contemplated the possibility of deploying up to 80,000 troops. Islamabad has not confirmed those figures, although it has acknowledged its military presence in Saudi Arabia, including the deployment of fighter jets at King Abdulaziz Air Base from April. The One World Outlook article argues that Saudi financial support can cover allowances and operating expenses but cannot easily replace military equipment needed elsewhere or resolve the political and strategic challenges of participating in the Yemen conflict. Pakistan’s defence budget is another concern. For the 2026-27 financial year, the federal government allocated PKR 3 trillion, or approximately $10.8 billion, to defence services. The allocation represents an 18 per cent increase from the original PKR 2.55 trillion provision and amounts to around 2.1 per cent of projected gross domestic product (GDP). Defence spending accounts for approximately 16 per cent of the federal government’s PKR 18.8 trillion expenditure. Military pensions are budgeted separately at PKR 822 billion, while debt servicing costs stand at approximately PKR 8 trillion, more than two-and-a-half times the defence allocation. The report argues that these competing financial obligations leave little room for additional military expenditure without placing further pressure on public finances. Pakistan’s reliance on IMF assistance also limits its fiscal flexibility. The country must meet the conditions attached to the programme, including a primary budget surplus target of 2 per cent of GDP and continued restraint on development spending. According to the article, these requirements make it difficult for Islamabad to finance an additional military commitment without compromising other budgetary priorities. Pakistan’s economic indicators offer limited reassurance. Economic growth for the 2025-26 financial year is estimated at between 3.6 and 3.7 per cent, while inflation reached approximately 10.3 per cent in September following an energy price shock. Foreign exchange reserves stood at around $21.5 billion at the end of September. Although this marks an improvement from the low levels recorded in 2023, the report notes that the reserves cover only a few months of imports. Financial assistance from Gulf partners remains central to Pakistan’s external stability. The article says Islamabad holds approximately $8 billion in Saudi deposits at its central bank. In July, the State Bank of Pakistan said Riyadh had extended the maturity of $5 billion in deposits to December 2028, easing the country’s immediate external financing requirements. A further $3 billion deposit was also extended in the spring. However, the article argues that these arrangements provide temporary relief rather than long-term financial independence, particularly as regional conflict threatens the stability of the Gulf economies on which Pakistan relies. The report concludes that Pakistan faces a difficult balance between supporting Saudi Arabia militarily and preserving the financial and military resources needed to address its domestic and regional challenges.
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