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U.S. Treasury Secretary, IMF chief agree on need for Ukraine aid

U.S. Treasury Secretary, IMF chief agree on need for Ukraine aid

PanARMENIAN.Net - U.S. Treasury Secretary Jack Lew and IMF Managing Director Christine Lagarde agree that Ukraine would need both bilateral and multilateral support for any reforms, a U.S. Treasury official said, according to Reuters.

"Secretary Lew and Managing Director Lagarde agreed that Ukraine needs both multilateral and bilateral support for a reform program and that if a fully established government in Ukraine makes a request, then the IMF would provide the best foundation for economic advice and financing," the official said.

Lew spoke with Lagarde on his return from a Group of 20 ministerial meeting in Sydney.

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"The necessary funds are and will continue being allocated, including those for the purchase of new modern weapons," he said.
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