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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Russia will continue to adhere to the strategic missile and warhead ceilings set under the now-expired New START agreement, provided the United States does not exceed those thresholds, Foreign Minister Sergei Lavrov told lawmakers on Wednesday.
Day five of the Milano Cortina 2026 Winter Olympics delivered raw emotion, technical brilliance and striking alpine backdrops as athletes battled for medals across northern Italy. Photographers continue capturing the defining moments of the Games, freezing triumph and celebration in images.
China has unveiled a redesigned version of its state-backed digital currency, marking the latest step in the country’s long-running effort to modernise how money moves through its economy.
The Council of Europe has waived the diplomatic immunity of its former Secretary General Thorbjørn Jagland, clearing the way for Norwegian prosecutors to pursue an investigation into allegations of aggravated corruption linked to the Jeffrey Epstein case.
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