Impact of COVID-19 on Sri lankan Economy

COVID-19 is a communicable disease caused by the most recently discovered Coronavirus. This new virus was unknown before the outbreak began in Wuhan. China in December 2019. All the affected countries have been looking for safety precaution while few countries are researching the specific vaccine against coronavirus but now the situations have gone out of hand due to lack of awareness and management. Sri Lanka has made great procedure in controlling the spread of COVID-19 more than six months into this pandemic; however the threat is not over yet. This research examines the economic impact of COVID-19 on Sri Lankan economy and the specific objectives are to identify the outbreak on the key economic income earning sector such as tourism, food and agriculture, exports of Apparels and textiles and small and medium scale Enterprises and to find out the solution and recommendation to reinvigorate the Sri Lankan economy.