please contact sales@tanchin.hk for any inquiry
The International Monetary Fund (IMF) said Monday that Germany should use increased tax revenues for investment infrastructure projects, which will enhance Germany's economic growth potential and encourage employers to raise wages to help boost eurozone inflation.

The IMF's proposal is the same as the idea of German Finance Minister Wolfgang Schaeuble. Schaeuble has raised its tax revenue estimate on Thursday and denied that Germany's investment is inadequate.

IMF and the German authorities after the "fourth clause" (Article IV) after the annual consultation, said the large and persistent current account surplus in Germany reflects the high domestic savings and foreign investment opportunities have better.

"Germany should implement supporting fiscal and structural policies to maintain its strength and address the remaining challenges, including the reduction of external imbalances," the IMF added.

IMF officials said at the news conference that the organization expects the German current account surplus in 2020 and gross domestic product (GDP) ratio from 8.3% last year to 7.5%, saying the proportion of 2.5-5% Is appropriate.

Germany's current account surplus is one of the reasons why the United States, the IMF and other euro-zone countries have been arguing over the years.


please contact sales@tanchin.hk for any inquiry
PREVIOUS:Bearing side cover packing Improvement        

F682X F692X F602 F694Z F695Z F696Z F697Z F698Z F699Z F604Z F605Z F606Z F607Z F608Z F624Z 6032DU 6030V 625VV 6032DDU 626DD