Economics Impact of COVID-19 Sri Lanka

Abstract

The reporting of the first Sri Lankan COVID-19 case in march 2020 and led the government of Sri Lanka to quickly adopt a lockdown the entire country and the main objective of this lockdown situation was to protect our Sri Lankan population. This lockdown theory led a successful control of the pandemic as the number of cases and death reported was minimum but we want to say however this theory affected the our Sri Lankan economy badly. This study by analyzing Historical evidences on Global pandemic, what is COVID-19, How it affected in our education sector, Apparel and Textile sector, Health sector and etc. The Passive nature of policy responses adopted by the government in the face of the wave of COVID-19 targets the maintenance of economics activities during the pandemic. It will create a huge negative impact on economy otherwise our lifetime. This COVID-19 virus become an endless and as a result it will have a lingering effect on the economy.