This essay briefly discusses the impact of COVID-19 on the global
economy and the Sri Lankan Economy. The essay begins with an analysis of
the global scenario and then discusses the impact on the Sri Lankan
Economy. Information required for analysis was obtained from a variety
of sources, such as newspapers, websites, blogs, annual reports from the
central bank, research articles, books, etc. In this article, we
identified different industry that are likely to be seriously affected
by the COVID-19 pandemic. The impact on these industries has been
discussed and, where applicable, quantified effects have been
identified. Finally, a number of policy measures have been proposed to
minimize long-term effects on the economy.