Number of kids living in poor families could grow by 86m by year-endMay 28, 2020 - 16:45 AMT PanARMENIAN.Net - The economic fallout of the Covid-19 pandemic could push up to more children into household poverty by the end of 2020, an increase of 15%, according to a new analysis released 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% across the region. Latin America and the Caribbean could see a 22% 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 depth of financial hardship among families threatens to roll back years of progress in reducing child poverty and to leave children deprived of essential services. Without concerted action, families barely getting by could be pushed into poverty, and the poorest families could face levels of deprivation that have not been seen for decades.” Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |