That's absolutely right and that's why country should not rely on one single income sources. We did not learnt any lessons from GFC and did not invest at all in any other sources of income for example small scale manufacturing industry. Possibly due more focused on the relationship with china due to exports and also due to local stringent labour laws.
Should have learnt thing or two from Dubai. Dubai did not had anything except crude 20 years ago but now it can be considered as of the major financial and tourism hub in the region.
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