Resurgence of COVID serious threat to Sri Lankan economic recovery View(s):The resurgence of COVID is a serious threat to the expected global economic recovery and the revival of Sri Lanka’s flagging economy. Global resurgence of COVIDThe resurgence of COVID in several regions of the world and an imminent third wave of COVID in Sri Lanka are severe setbacks to the expected global economic recovery and the revival of the Sri Lankan economy. Global economic reboundThe resurgence is casting a shadow over a previously expected global economic rebound due to the failure to control the virus or get vaccines distributed evenly. All these are serious setbacks to our export dependent economic recovery that is in turn much dependent on global economic development. Summing upThe resurgence and spread of COVID around the world is a serious threat to the expected global economic recovery.

Source: Sunday Times May 02, 2021 00:54 UTC