A Situation Analysis on Public Finance Management and Children in Bulgaria
Article 4 of the Convention on the Rights of the Child directs States to invest in child rights to “the maximum extent of available resources”.
This Situation Analysis of Public Finance Management and Children in Bulgaria (SitAn on PFM) is an integral part of the broader Situation Analysis conducted by UNICEF to understand the situation of children and adolescents in Bulgaria. It provides an overview of the fi nancing landscape for children's policies and issues; presents national budget allocations and spending for children in three sectors – health, education, and social protection; and provides insights on how finances contribute to child rights implementation.
The decisions that governments make about how to fund education, health and social policies and services are critical to children rights realization. If budget allocations are insuffi cient, do not target the most vulnerable groups and spend ineffectively, all children – particularly the most disadvantaged – risk losing access to critical supports and services. Article 4 of the Convention on the Rights of the Child directs States to invest in child rights to “the maximum extent of available resources”, highlighting the critical link between public finance and child rights fulfilment. Sufficient, equitable and efficient
investment in children is crucial for the full realization of children’s civil, political, economic, social and cultural rights. Investment in children is not only a legal obligation under the UN Convention on the Rights of the Child (UNCRC), but also an economic strategy for longterm sustainable development.
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