Coronavirus puts up to 86 million children at risk of poverty
The economic fallout of the COVID-19 pandemic could push up to 86 million more children into household poverty by the end of 2020, an increase of 15 per cent, according to a new analysis released today by Save the Children and UNICEF.
The analysis highlights that the total number of children living below the national poverty line in low- and middle-income countries could reach 672 million by year-end. Nearly two-thirds of these children live in sub-Saharan Africa and South Asia.
The study, which is based on estimates by the World Bank and the International Monetary Fund (IMF) and demographic data covers over 100 low- and middle-income countries, showed that countries across Europe and Central Asia could see the most significant increase, up to 44 per cent across the region.
“The scale and depth of financial hardship among families threatens to roll back years of progress in reducing child poverty and to leave children deprived of essential services,” the UNICEF Executive Director, Henrietta Fore said.
“If we act now and decisively, we can prevent and contain the pandemic threat facing the poorest countries and some of the most vulnerable children. This report should be a wake-up call for the world. Poverty is not inevitable for children,” Save the Children International CEO, Inger Ashing stressed.
Source: Jordan News Agency