January 21, 2026 03:35 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Nitin Nabin becomes BJP’s youngest president ahead of key assembly polls, PM Modi calls him ‘my boss’ | Viral video scandal rocks Karnataka Police: DGP Ramachandra Rao suspended | Jolt to ECI over SIR! SC allows BLAs at hearing, questions 'logical discrepancy'; TMC declares 'BJP's game over' | Will dal disrupt diplomacy? US lawmakers urge Trump to act on India’s 30% pulse tariff | 'Pakistan deserves Operation Sindoor 2.0', says Baloch leader over Trump’s Gaza board invitation to Islamabad | From Malda to the nation: PM Modi unveils India’s Vande Bharat sleeper | War zone Beldanga: Highway blocked, reporters attacked in migrant death protests | Can a Nobel Peace Prize be given away? Committee breaks silence after Machado hands over medal to Trump | Europe scrambles troops to Greenland as Trump’s takeover push triggers Arctic power showdown | Nobel drama: Venezuelan leader presents Peace Prize to Trump
Rich Countries

Rich countries’ support for children ‘totally inadequate’: UN report

| @indiablooms | Dec 11, 2020, at 04:22 pm

New York: The UN Children’s Fund, UNICEF, slams the levels of financial support for children allocated by high-income countries during the pandemic as totally inadequate, in a child poverty report issued on Friday.

The report shows that of the $14.9 trillion spent on domestic financial recovery packages put together by wealthier countries between February and August, just two per cent was allocated specifically to support children, and families raising children. This is despite evidence that child poverty is expected to remain above pre-COVID levels for at least five years in high-income countries.

 “The amount of financial relief allocated directly to children and families does not match the severe fallout of the pandemic, nor how long this crisis is expected to impact these countries”, said Gunilla Olsson, Director of the UNICEF Office of Research-Innocenti in Florence, Italy.

Business the big winner

The study finds that businesses were by far the largest beneficiary of fiscal stimulus packages, absorbing around 80 per cent of the available funds during this period, and that the most marginalized children will suffer most as a result.

Around a third of the large economies surveyed in the report (from the European Union and OECD group of higher income nations) did not implement any policies specifically aimed at supporting children, during the first wave of the pandemic.

And, on the whole, the social protection measures for children and families that were enacted in other countries – such as childcare, school sustenance and family allowances – only lasted for an average of three months, far too short-term to adequately address the projected length of the crisis and child poverty risks in the long run, the report notes.

As temperatures drop in many parts of the world, and cases rise, UNICEF is urging governments to bring in more balanced recovery plans during the so-called “second wave”, with a greater emphasis on social protection for children, and unconditional income support for the poorest families, allowances for food, childcare and utilities, and rent or mortgage waivers.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.