The US Secretary of State John Kerry will urge the the need for political consensus in order to reach an IMF loan, reports Reuters citing a senior US official.
"His basic message is it's very important to the new Egypt for there to be a firm economic foundation,"
"In order for there to be agreement on doing the kinds of economic reforms that would be required under an IMF deal there has to be a basic political... agreement among all of the various players in Egypt."
"What they need to do is ... things like increasing tax revenues, reducing energy subsidies, making clear what the approval process will be to the Shura Council for an IMF agreement, that kind of thing,"
Kerry, is currently on visit to Egypt.
