The 2020 Macroeconometric Modelling Workshop (MMW) was held on December 3-4, 2020 and the workshop forum, “The Impact of COVID-19 on Economy”, was given in the first day’s morning. The forum was chaired by Dr. Tien-Wang Tsaur, the Chairman of Chung-Hua Institution for Economic Research. Dr. Chung-Shu Wu, the Chairman of Taiwan Academy of Banking and Finance, gave an introduction to “The Impact of COVID-19 on Economy and Finance” and served as the moderator of the session. Vice-President Jiann-Chyuan Wang of Chung-Hua Institution for Economic Research, Dr. Chien-Fu Jeff Lin from CTBC Business School, President Chien-Yi Chang of Taiwan Institute of Economic Research, and Chair Professor Chia-Tung Hsu from CTBC Business School were invited as the panelists. During the forum, the moderator and the panelists shared their rich research experiences with all attendees, and sparked some thoughtful discussions regarding the impact of COVID-19.