US to Send $250 Million in Aid Toward Egypt’s Political and Economic Reform

On Sunday, John Kerry, U.S. Secretary of State, granted Egypt $250 million in aid after the country’s president pledged it would be used to help support Egypt’s “future as a democracy.” Kerry said the Obama administration will monitor how President Mohammed Morsi is using the aid in conjunction with his pledge, which will therefore, determine if any additional assistance from the U.S. will be delivered to Egypt.
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