Sunday, March 3, 2013

Kerry Gives Egypt $250 Million

On Sunday, Secretary of State Kerry announced that the US will be granting Egypt a financial reward.

Two hundred and fifty million dollars will go to Egypt for it's promises to eventually have political and economic reforms.

Kerry warned that any future aid would be dependent on the reforms actually taking place.

If Egypt can show reforms in action, another billion US dollars is headed their way, as well as nearly five billion from the IMF.

The secretary also touched on the importance of Egypt's regime and the opposition working together.

Most of the opposition plans on boycotting the upcoming elections, in protest of what they say is an already rigged system.

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