Sri Lanka Development Update 2021

Vista sencilla de ítem
dc.creatorWorld Bank
dc.date2021-06-24T16:10:03Z
dc.date2021-06-24T16:10:03Z
dc.date2021-06-20
dc.date.accessioned2026-07-01T00:38:00Z
dc.descriptionAmid the Coronavirus (COVID-19) pandemic, Sri Lanka’s economy contracted by 3.6 percent in 2020, the worst growth performance on record, as is the case in many countries fighting the pandemic. Swift measures enacted by the government in the second quarter helped contain the first wave of Coronavirus (COVID-19) successfully, but these measures hit sectors like tourism, construction, and transport especially hard, while collapsing global demand impacted the textile industry. Job and earning losses disrupted private consumption and uncertainty impeded investment. As a result, the economy contracted by 16.4 percent (y-o-y) in the second quarter. The economy began to recover in the third quarter as the first wave was brought under control and containment measures were relaxed. The momentum continued in the fourth quarter as the economy was broadly kept open despite a second wave of Coronavirus (COVID-19) infections. The special focus section of this edition discusses the impact of Coronavirus (COVID-19) on poverty in Sri Lanka as of 2021.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/284901624350168752/Sri-Lanka-Development-Update-2021
dc.identifierhttps://hdl.handle.net/10986/35833
dc.identifierhttps://doi.org/10.1596/35833
dc.identifier.urihttp://hdl.handle.net/123456789/407842
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectECONOMIC GROWTH
dc.subjectMONETARY POLICY
dc.subjectEXTERNAL SECTOR
dc.subjectFISCAL TRENDS
dc.subjectECONOMIC OUTLOOK
dc.subjectRISKS
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectPOVERTY
dc.subjectEMPLOYMENT
dc.subjectINEQUALITY
dc.subjectDIGITAL DIVIDE
dc.titleSri Lanka Development Update 2021
dc.titleEconomic and Poverty Impact of COVID-19
dc.typeReport
dc.typeRapport
dc.typeInforme

Archivos

Colecciones

AgroKnow