Impact of COVID-19 on Sri Lanka Economy

Abstract

The COVID-19 named as the worst economic shock in Sri Lankan story in this study viral outbreak, Sri Lanka is one of the most vulnerable middle income countries. Corona's economic effect may be expected to be significantly direct and indirect since the Sri Lankan economy depends mainly on foreign trade, as well as Sri Lankan rupee has significantly depreciated compared with the US dollar. Reaching Rs 201.21 which will affect its turn out income. This article discusses the impact of COVID-19 on Sri Lankan economy under the tourism sector, poverty, GDP and apparel and textiles.