In the aftermath of the global economic crisis where countries are showing signs of recovery, there is an urgent need to restore confidence in the economy to stimulate investments and credit flows through coordinated action by monetary authorities in order to minimise a negative impact on the real economies. Equally important is the assessment of the social impact the crisis is having on the world of work, in particular the loss of jobs so that quick responses can put systems and institutions in place to address this as a matter of urgency. Accordingly, the International Labour Organization (ILO) has commissioned rapid assessments in a large number of countries, including Sri Lanka, collecting detailed information and providing analysis on the impact of the global economic crisis. The country assessment in Sri Lanka illustrates that in spite of the relative positive vibes in the economy following the conclusion of the war, coupled with the improving macro-economic situation in the country, a substantial number of jobs have been lost in the manufacturing and construction sectors. Post-conflict Sri Lanka presents a myriad of opportunities and challenges in the political, social and economic spheres. Therefore, the scope of action by national and international authorities, employers, workers and organizations of civil society to restore growth and mitigate effects of the crisis particularly for the most vulnerable groups, should reflect holistic, balanced and flexible policy and programme interventions, putting people first.