Public finance for children
The challenge, There are insufficient and declining allocations of the state budget for social protection, health and education, key areas of direct impact on children. Guaranteeing the rights of children under the CRC is not only a legal and moral responsibility; but it also has implications for economic and social policies and, consequently, for the allocation…, Important issues, Children during a physical education class in a gym of the Inclusive School No. 162 in Yerevan, Armenia. Some other issues related to child budgeting in Armenia include: lack of clear mechanisms to track direct and indirect expenditure on children and adolescents, inadequate links between child-related plans and budgeting, inefficient spending,…, The solution, Fulfilling obligations under the Convention on the Rights of the Child has clear financial implications. While the need to extend care, assistance and protection of children, both girls and boys, is enshrined in national laws and international agreements, there should be a process of translating these commitments into strong national programmes…, Impact, Investing in children and adolescents is key, and there are four general reasons for this Firstly, it is a legal obligation prescribed by the CRC for the realization of child rights. Secondly, childhood is a unique window of opportunity, while adolescence is a second window of opportunity. Interventions and policy choices made today will determine…, Main directions, icon data UNICEF supports the generation of data on budgetary spending for children, as it is important in terms of policy and budget planning, particularly in the context of poverty reduction and ensuring equity. chart icon The Government of Armenia should at least protect, if not increase, financial allocations for social sectors, particularly…