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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President Donald Trump cited "great progress" toward a comprehensive agreement with Iran as he announced he would briefly pause the operation to escort ships through the Strait of Hormuz. Meanwhile, U.S. Secretary of State Marco Rubio urges China to pressure Tehran over its actions in the Hormuz.
The Turkish Vice President’s visit to Yerevan this week marked a “turning point” in bilateral ties, Türkiye’s special envoy for normalisation with Armenia has said.
The Australian government will spend billions to boost national fuel stockpiles and create a permanent, state-owned strategic reserve, Prime Minister Anthony Albanese has announced.
ITA Airways is preparing to raise ticket prices by between 5% and 10% this year as soaring fuel costs linked to the conflict involving Iran, Israel and the U.S. continue to pressure airlines worldwide.
A 77-year-old man and a 63-year-old woman were killed on Monday (4 May), after a man drove a car into a crowd on a pedestrianised street in the the eastern German city of Leipzig, authorities said.
Iran warned Armerican forces on Monday (4 May) not to enter the Strait of Hormuz, after the U.S. said it had launched a mission to try and reopen the sea passage. Meanwhile, Iran's Foreign Minister said there was no military solution to the Middle East conflict.
The United Arab Emirate said it was dealing with missile and drone attacks from Iran for the second day in a row on Tuesday (5 May), despite denials from authorities in Tehran who threatened a "crushing response" if the UAE retaliated.
President Donald Trump cited "great progress" toward a comprehensive agreement with Iran as he announced he would briefly pause the operation to escort ships through the Strait of Hormuz. Meanwhile, U.S. Secretary of State Marco Rubio urges China to pressure Tehran over its actions in the Hormuz.
All remaining passengers aboard a luxury cruise ship hit by a deadly hantavirus outbreak are asymptomatic, Spain’s Health Minister Mónica García said on Wednesday.
The Australian government will spend billions to boost national fuel stockpiles and create a permanent, state-owned strategic reserve, Prime Minister Anthony Albanese has announced.
ITA Airways is preparing to raise ticket prices by between 5% and 10% this year as soaring fuel costs linked to the conflict involving Iran, Israel and the U.S. continue to pressure airlines worldwide.
Ukraine has accused Russia of violating a ceasefire proposed by Kyiv that came into effect at midnight on 6 May, reporting continued strikes that left at least one person dead and several others injured across frontline regions.
U.S. Secretary of State Marco Rubio is expected to discuss Cuba and global religious freedom with Pope Leo during a visit to the Vatican on Thursday (7 May), following recent criticism from President Donald Trump over the pope’s comments on the U.S.-Israeli war against Iran.
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