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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 12:50

UN: 2.6 mln more children now in poverty since financial crisis

BC, Riga, 29.10.2014.Print version
The most recent economic crisis has left harsh consequences for children in developed countries, where an additional 2.6 million can be categorized as destitute since 2008, the UN Children's Fund (UNICEF) said Tuesday in Rome, cites LETA/DPA.

In more than half of the 41 countries in Europe, the Americas and Asia, poverty among children had been on the rise in the years to 2012, UNICEF said in a report, citing the latest available data.

 

The situation had deteriorated most sharply in Iceland, Greece, Latvia, Croatia and Ireland.

 

In total, an estimated 76.6 million children are poor.

 

UNICEF criticized that a majority of rich countries ended stimulus policies in 2010 and turned instead to budget cuts, which disproportionally affected children.

 

Governments should have worked to decrease poverty during the growth years in order to protect against future shocks, UNICEF said, calling also on governments to guarantee minimum social standards.






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