Transcription of The Impact of COVID19 on the MSME Sector in Sri Lanka
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The Impact of COVID19 on the MSME Sector in Sri Lanka
The Impact of COVID19 on the msme . Sector in Sri Lanka The Impact of COVID 19 to SME Sector in Sri Lanka - Gunawardena The Impact of COVID19 on the msme . Sector in Sri Lanka May, 2020. Gunawardana National Consultant Sri Lanka UN DESA/DSDG. The Impact of COVID 19 to SME Sector in Sri Lanka - Gunawardena i Abstract This report gives an overview of the socio-economic aspects of Sri Lanka which includes Sector wise GDP. contribution, growth, population and employment by Sector . A detail account of the msme Sector including the contribution to the economy, scale wise composition, geographical distribution and employment is also given in the report. The Impact of COVID 19 virus threat to the MSMEs is addressed in detail covering the main sub-sectors.
The Definition of the MSMEs approved by the Cabinet is given in the Table 1. Table 1: The Definition of the MSMEs Size/Sector Criteria Medium Small Micro Manufacturing Annual Turnover Rs. Mn. 251-750 Rs. Mn. 16-250 Rs. Mn. 15 or less than Rs. Mn. 15 Number of Employees 51-300 11-50 10 or less than 10 Service Sector Annual Turnover
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