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Germany should invest more to reduce current account surplus - IMF

Reuters  |  BERLIN 

(Reuters) - The on Monday stepped up pressure on Angela Merkel's to reduce Germany's persistently large surplus by hiking public investment.

"The new government's coalition agreement contains several welcome measures which will continue to address some of these challenges," the IMF said in its annual policy recommendations.

"Yet, the current favourable economic environment provides an opportunity for the new to take more forceful policy actions," the IMF added.

(Reporting by Michael Nienaber; Editing by Paul Carrel)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 14 2018. 16:34 IST
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