Finance Ministry says the country's economy is demonstrating resilience and stability on fiscal and external fronts. 

In its monthly Economic Outlook report, the Ministry pointed out that the inflationary pressures have eased, supported by declining food and energy prices while fiscal consolidation measures are yielding tangible results, leading to a primary surplus and a narrowed fiscal deficit.

According to the report, the external sector remains robust with a current account surplus, export growth, strong remittance inflows and rising foreign investment.

In the first eight months of current fiscal year, the current account posted a surplus of 691 million dollars compared to deficit of 1,730 million last year. In the same period, goods exports increased by 7.2 percent to 21.8 billion dollars compared to 20.4 billion dollars last year.

Workers' remittances recorded an impressive growth of 32.5 percent with a robust inflow of twenty four billion dollars compared to 18.1 billion dollars last year.

The country's total liquid foreign exchange reserves were recorded at sixteen billion dollars on the 14th of this month with State Bank of Pakistan reserves at 11.1 billion dollars.

The performance of automobile sector remained encouraging in the first eight months of current fiscal year. The production of cars increased by 41.9 percent, trucks and buses by 105 percent and Jeeps and pickups by 78.2 percent.

The net federal revenues grew significantly by 45.3 percent to 6,362.5 billion rupees in the first seven months of current fiscal year as compared to 4,379.5 billion rupees last year. This substantial growth is attributed to both tax and non-tax collection.