UNICEF expects its 2026 budget to shrink by at least 20% compared to 2024, as global humanitarian funding faces steep cuts following aid reductions by U.S. President Donald Trump’s administration.
The United Nations Children’s Fund (UNICEF) had a budget of $8.9 billion in 2024 and estimates a slightly lower figure of $8.5 billion for 2025. However, the agency anticipates a significant drop in 2026, projecting a reduction of at least 20%, a spokesperson confirmed on Tuesday.
“The last few weeks have made clear that humanitarian and development organizations around the world, including many U.N. organizations, are in the midst of a global funding crisis. UNICEF has not been spared,” the spokesperson said.
Although UNICEF did not directly name the United States, Washington has historically been one of its largest donors. The projected decline follows President Trump’s recent move to slash international aid budgets, impacting numerous multilateral humanitarian programs.
UNICEF's projected funding shortfall could affect vital services for children worldwide, including immunizations, education initiatives, emergency relief, and nutrition programs. The organization is currently exploring alternative funding sources and urging the global community to step up support to prevent setbacks in child welfare and development goals.
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European Commission President Ursula von der Leyen announced a renewed drive to establish a unified capital market across the EU, aiming to unlock private investment for defence, digitalisation, and climate initiatives, with significant progress expected before summer.
Romania’s far-right presidential frontrunner George Simion said the country should be compensated for aiding Ukraine, as he clashed with centrist rival Nicusor Dan in a televised debate ahead of the decisive run-off vote.
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Romania’s far-right presidential frontrunner George Simion said the country should be compensated for aiding Ukraine, as he clashed with centrist rival Nicusor Dan in a televised debate ahead of the decisive run-off vote.
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