Ministry of Labor, Family and Social Protection, World Bank and UNICEF have launched the Rapid assessment of the impact of economic crisis on poverty.
World Bank and UNICEF Romania in partnership with the Ministry of Labor, Family and Social Protection have launched Rapid assessment of the impact of economic crisis on poverty. The report represents a rapid assessment of the likely impact of the economic crisis on poverty in Romania. It examines the poverty profile for the year 2008, the profile of the population at risk of falling in poverty in 2009, with a special focus on children, and the capacity of existing family and children allowances to offer adequate protection against crisis impact.
The report also states that it is highly unlikely that the current system of family and children allowances would be able to adequately and efficiently protect the families with children at risk of poverty in 2009, given the fiscal impact of the economic crisis, with an estimated budget deficit of about 4.6 percent of GDP in 2009. Local social services are either insufficient or lacking the necessary quality to effectively protect the most in need children in normal circumstances, let alone in crisis times.