UNITED NATIONS: UNICEF has projected that its 2026 budget will shrink by at least 20 percent compared to 2024, a spokesperson for the UN children’s agency said on Tuesday, after US President Donald Trump slashed global humanitarian aid.
In 2024, UNICEF had a budget of $8.9 billion and this year it has an estimated budget of $8.5 billion. The funding for 2025 is “evolving,” the UNICEF spokesperson said.
“The last few weeks have made clear that humanitarian and development organizations around the world, including many UN organizations, are in the midst of a global funding crisis. UNICEF has not been spared,” said the spokesperson.
UNICEF did not specifically name the US, but Washington has long been the agency’s largest donor, contributing more than $800 million in 2024. Since UNICEF was established in 1946, all its executive directors have been American.
“At the moment, we are working off preliminary projections that our financial resources will be, at a minimum, 20 percent less, organization wide, in 2026 compared to 2024,” said the UNICEF spokesperson.
Since returning to office in January for a second term, Trump’s administration has cut billions of dollars in foreign assistance in a review that aimed to ensure programs align with his “America First” foreign policy.
The UN Office for the Coordination of Humanitarian Affairs said last week that it will cut 20 percent of its staff as it faces a shortfall of $58 million, after its largest donor, the United States, cut funding.
UN Secretary-General Antonio Guterres also last month said he is seeking ways to improve efficiency and cut costs as the world body turns 80 this year amid a cash crisis.
UNICEF has implemented some efficiency measures but “more cost-cutting steps will be required,” said the spokesperson.
“We are looking at every aspect of our operation, including staffing, with the goal of focusing on what truly matters for children: that children survive and thrive,” the spokesperson said. “But no final decisions have been taken.”
UNICEF projects 20% drop in 2026 funding after US cuts
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UNICEF projects 20% drop in 2026 funding after US cuts
- UNICEF has implemented some efficiency measures but “more cost-cutting steps will be required,” said the spokesperson
Kremlin says Putin is mediating in Iran to normalize situation
- Putin had then been briefed by Pezeshkian in a separate call on what the Kremlin called Tehran’s “sustained efforts” to normalize the situation inside Iran
MOSCOW: President Vladimir Putin is mediating in the Iran situation to quickly de-escalate tensions, the Kremlin said on Friday, after the Russian leader spoke with Israeli Prime Minister Benjamin Netanyahu and Iranian President Masoud Pezeshkian.
Moscow has condemned US threats of new military strikes after Iran acted against protests that broke out late last month.
Putin in his call with Netanyahu expressed Russia’s willingness to “continue its mediation efforts and to promote constructive dialogue with the participation of all interested states,” the Kremlin said, adding he had set out his ideas for boosting stability in the Middle East.
No further details were given on Putin’s mediation attempt.
Putin had then been briefed by Pezeshkian in a separate call on what the Kremlin called Tehran’s “sustained efforts” to normalize the situation inside Iran.
“It was noted that Russia and Iran unanimously and consistently support de-escalating
the tensions — both surrounding Iran and in the region as a whole — as soon as possible
and resolving any emerging issues through exclusively political and diplomatic means,” the Kremlin said.
Putin and Pezeshkian had confirmed their commitment to their countries’ strategic partnership and to implementing joint economic projects, the Kremlin added.
Separately, the Shanghai Cooperation Organization, which includes Russia, China, India, and Iran, among others, said it opposed external interference in Iran and blamed Western sanctions for creating conditions for unrest.
“Unilateral sanctions have had a significant negative impact on the economic stability of the state, led to a deterioration in people’s living conditions, and objectively limited the ability of the Government of the Islamic Republic of Iran to implement measures to ensure the country’s socio-economic development,” the SCO said in a statement.
Protests erupted on Dec. 28 over soaring inflation in Iran, whose economy has been crippled by sanctions.
Asked what support Russia could provide to Iran, Kremlin spokesman Dmitry Peskov said: “Russia is already providing assistance not only to Iran but also to the entire region, and to the cause of regional stability and peace. This is partly thanks to the president’s efforts to help de-escalate tensions.”
The US Treasury on Thursday announced new sanctions targeting Iranian officials, including Ali Larijani, secretary of Iran’s Supreme Council for National Security.










