Lew, Lagarde agree on need for aid to Ukraine: U.S. official

WASHINGTON Mon Feb 24, 2014 11:38am EST

Treasury Secretary Jack Lew speaks during a news conference at the G20 Central Bank Governors and Finance Ministers annual meeting in Sydney, February 23, 2014. REUTERS/Jason Reed

Treasury Secretary Jack Lew speaks during a news conference at the G20 Central Bank Governors and Finance Ministers annual meeting in Sydney, February 23, 2014.

Credit: Reuters/Jason Reed

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WASHINGTON (Reuters) - 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.

"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.

(Reporting by Timothy Ahmann; Editing by Chizu Nomiyama)

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