As the Result of Pandemic, 672 Million Children Worldwide Threatened to Live in Poverty

News24xx.com - The economic consequences of the Corona pandemic (COVID-19) pushed 86 million children into poverty by the end of 2020. This estimate is the result of a joint study by Save the Children and UNICEF released Wednesday (27/5).

As reported by AFP on Thursday (05/28/2020) the study explained that a pandemic would bring the number of children affected by poverty worldwide to 672 million. There is a 15 percent increase from last year.

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Nearly two-thirds of the children overall live in sub-Saharan Africa and South Asia.

However, an increase driven by a pandemic is expected to occur mainly in Europe and Central Asia. This study is based on projections of the World Bank, International Monetary Fund (IMF) and population data from around 100 countries.

"The scale and magnitude of financial difficulties among families threatens to hamper years of progress in reducing child poverty and make children lose essential services," UNICEF executive director Henrietta Fore said in a statement.

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Meanwhile, head of Save the Children Inger Ashing added, with immediate and decisive action, "we can prevent and withstand a pandemic threat facing the poorest countries and some of the most vulnerable children".

Both organizations called on the government to rapidly expand the social security system and school feeding to limit the impact of the pandemic.