BRATISLAVA (REUTER) - The International Monetary Fund (IMF) has warned Slovakia its economy was in danger of overheating and urged the introduction of stricter financial policies to curb domestic consumption. In a report made public on Wednesday, the IMF said signs of an overheating economy could be seen in the significant deterioration of the current account which ran a $1.5 billion deficit in 1996 after a $648.8 million surplus in 1995. "After three years of fast economic growth and decreasing inflation the Slovak economy shows signs of overheating," the report, resulting from an IMF mission to Slovakia in October, said. "A further signal of overheating is the fast growth of real wages which increased by 12 percent over the past 12 months and to a high degree surpassed the growth of productivity," it added. The report said that over 20 percent growth in domestic consumption also contributed to the worsening of the current account, which in 1996 was some 10 percentage points of GDP higher than in the previous year. "Such a level of the current account deficit is untenable as, with regard to the low level of direct foreign investment, would lead to high growth of foreign debt," the IMF said.