ECONOMY FACES COVID-19 CHALLENGE
Daily Mirror - Sri Lanka|March 31, 2020
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ECONOMY FACES COVID-19 CHALLENGE
ECONOMY FACES COVID-19 CHALLENGE
DINESH WEERAKKODY

Sri Lanka is battling to control the coronavirus by getting the critical government machinery into full gear to put an end to the crisis and has set an example in taking preventive measures to gain control over the epidemic.

What’s going on right now is unprecedented in our history, and so it’s hard to assess what the real impact will be, both socially and economically.

There’s also a great deal of uncertainty; both in terms of how the pandemic will unfold, and how individuals, businesses, and policymakers should and will respond. The pandemic is truly a test for all of our leaders and society.

Preparedness

A 2015 Ted Talk by Bill Gates viewed by more than 16 million times on YouTube, Gates sounded the alarm on the world’s lack of preparedness for the next global disease .

Gates commenting on the current pandemic said the world’s most powerful country the United States acted far too slowly on the emerging COVID-19 pandemic and missed its chance to avoid mandatory shutdowns and the shutdown is sure to damage its economy, Gates said “It’s disastrous for the economy, but the sooner you do it in a tough way, the sooner you can undo it and go back to normal,”.

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March 31, 2020