REUTERS

International Monetary Fund Managing Director Christine Lagarde on Saturday urged Ukraine to forge ahead with deeper structural reforms needed to achieve stronger economic growth.

Lagarde made the comments in a statement issued after meeting with former Ukrainian Prime Minister Yulia Tymoshenko in Munich, Germany, Reuters said.

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The IMF approved a new $3.9 billion stand-by aid agreement for Ukraine in December to help maintain stability.

"I highlighted the urgency for Ukraine to safeguard the gains made in restoring macroeconomic stability and to press ahead with the deeper structural reforms needed to achieve stronger economic growth and improve people’s living standards in a sustainable manner," Lagarde said.