Sri Lankan economy was, and still is, heavily dependent on thriving tourism [1](which accounts for 12% of the total GDP[2]). COVID-19 devastated the industry.

Sri Lankan economy was, and still is, heavily dependent on thriving tourism [1](which accounts for 12% of the total GDP[2]). COVID-19 devastated the industry. There are several other reasons, involving bad policies and bad rulers, but that was one of the main reasons for the sudden implosion. [1] https://www.ft.lk/article/1778/Tourism-%E2%80%93-Engine-of-growth-of-the-Sri-Lankan-economy https://www.ft.lk/article/1778/Tourism-%E2%80%93-Engine-of-g... [2] https://www.orfonline.org/expert-speak/how-tourism-in-sri-lanka-went-downhill/ https://www.orfonline.org/expert-speak/how-tourism-in-sri-la...