A UN report said child poverty in high-income countries is expected to remain above pre-COVID levels for at least five years, prompting inadequate financial support for children.
The UN Children’s Fund (UNICEF) published the report on Friday. It analyzed the economic impact of the coronavirus on children in 41 major economies that are members of the European Union and the Organization for Economic Co-operation and Development.
The report notes that between February and July, governments spent $ 10.8 trillion on COVID-19 responses.
It is said that around 90 percent of the funds were spent on business and stimulus packages, while only 2 percent was specifically devoted to helping children and their families.
According to the report, around a third of the countries surveyed have not implemented measures specifically aimed at helping children.
It added that social protection measures for children and families adopted in other countries only lasted for several months.
UNICEF calls for measures that provide long-term support to children, saying the economic impact of the pandemic on them is severe.