"The latest edition of the half yearly Myanmar Economic Monitor- June 2020 of the World Bank has devoted its analysis to the economic impact of COVID-19 and how to recover from the disruptions caused by the pandemic and associated measures for the prevention of its spread. “The pandemic and associated containment measures are undermining aggregate demand, disrupting value chains, and reducing the labor supply, following strong activity in the first 5 months of the year”. The crisis has had an especially negative effect on wholesale and retail trade, tourism-related services, manufacturing and construction. Sectors like agriculture and telecommunications appear to have demonstrated resilience compared to others. The pandemic has impacted the firms of all sectors (agriculture, industry and services) severely as per the survey conducted in May 2020 by the World Bank. About 16 percent of the firms it has surveyed reported closing their operations for an average of eight weeks due to the Covid-19 pandemic, but this figure rose to 39 percent among service sector firms. By contrast, just 12 percent of manufacturers and 6 percent of agricultural firms reported temporary closures. 89 percent of manufacturers reported a reduction in sales, compared to 75 percent of agricultural firms. Adaptation of firms to changing scenario in terms of production, sale and marketing strategies appear to be slow. And very few firms have applied to seek support from the government announced package of relief measures. This reflects the need for adopting an outreach strategy to support the firms in a more systematic way..."