Economic Consequences

- Unemployment
Due to the Sri Lanka riots in July 1983, thousands of factory workers, the self-employed and plantation workers lost their jobs which led to massive unemployment. Most of the unemployed are Sinhalese who took part vandalising, looting and burning their places of works. In conclusion, unemployment had made all parties to suffer.

- Loss of investments from other countries
Many investors from other countries lost their trust with Sri Lanka and the confidence to continue investing with them. However, not all investors are deterred by the conflict in Sri Lanka. Take Tao Shing Pee, a Singapore property tycoon who owns the World Trade Centre complex in Colombo for example. This shows that loss of investments from other countries has led Sri Lanka to not only have problems involving the government’s economics, but also causes Sri Lanka to be more independent.

- Fall in the number of tourists
The riots in July 1983 had also led to the fall in the number of tourists. This resulted in a loss of jobs and a fall in funds to develop amenities and facilities. Thus, economic was affected adversely and the funds to develop amenities and facilities were also limited.