Up to 86 million more children could live in poor households by the end of the year if countries don’t take more urgent action to address the economic crisis wrought by the coronavirus pandemic, reports UNICEF.
Child poverty is projected to rise by 15% in 2020, largely due to the pandemic and its economic effects, according to an analysis by UNICEF and Save the Children released Thursday. The groups looked at World Bank data across more than 100 low- and middle-income countries.
The report did not include higher-income countries, including the U.S., France, Japan. An analysis that includes all nations should be released in the coming months, a UNICEF spokesperson said.
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The COVID-19 pandemic has led to a global economic downturn in the wake of broad shutdowns of businesses to prevent the virus’ spread. A significant loss of income for many families has left them unable to afford basic necessities, including food, housing and more.
The majority of children expected to be living below their country’s poverty line by year’s end reside in sub-Saharan Africa and South Asia, per UNICEF. However, low- and middle-income countries in Europe and central Asia may see the most significant increases, of up to 44% more children in poverty, the analysis reported, and in Latin America the overall increase could be 22%.
“The coronavirus pandemic has triggered an unprecedented socio-economic crisis that is draining resources for...