CAIRO (AP) -- U.S. Secretary of State John Kerry on Sunday rewarded Egypt for President Mohammed Morsi's pledges of political and economic reforms by releasing $250 million in American aid to support the country's "future as a democracy."

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Kerry cited Egypt's "extreme needs" and Morsi's "assurances that he plans to complete the IMF process" when he told the president that the U.S. would provide $190 million of a long-term $450 million pledge "in a good-faith effort to spur reform and help the Egyptian people at this difficult time." The release of the rest of the $450 million and the other $550 million tranche of the $1 billion that Obama announced will be tied to successful reforms, officials said.


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