Number of children living in household poverty to soar by up to 86 million by end of year - UNICEF
NEW YORK – 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, without urgent action to protect families from the financial hardships caused by the pandemic, 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. Countries across Europe and Central Asia could see the most significant increase, up to 44 per cent across the region. Latin America and the Caribbean could see a 22 per cent increase. “The coronavirus pandemic has triggered an unprecedented socio-economic crisis that is draining resources for families all over the world,” said Henrietta Fore, UNICEF Executive Director. “The scale and dept...