RIYADH, Saudi Arabia — Secretary of State John Kerry announced Sunday that the United States would provide $250 million in assistance to Egypt after Egypt’s president promised to move ahead with negotiations with the International Monetary Fund over economic reforms.

In a statement issued after his two-hour meeting with President Mohamed Morsi, Mr. Kerry said the aid decision reflected Egypt’s “extreme needs” and Mr. Morsi’s assurance that Egypt would reach an agreement with the I.M.F. after more than a year of talks over a $4.8 billion loan package.

The statement issued by Mr. Kerry noted that he and Mr. Morsi had discussed the need to ensure the fairness of Egypt’s coming elections, but it did not mention any specific political commitments the Egyptian president had made to receive the aid.

Parliamentary elections are scheduled for April. Some opposition groups have said they will boycott the vote because of what they see as an effort by Mr. Morsi and his Muslim Brotherhood movement to dominate Egyptian politics.