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Egyptian PM seeks national dialogue to resolve political crisis

Kamal Ganzoury sought a national dialogue to resolve the political crisis and also warned that the country's economy was rapidly deteriorating.

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After weeks of anti-regime protests and violent clashes, Egyptian Premier Kamal Ganzoury Thursday sought a national dialogue to resolve the political crisis and also warned that the country's economy was rapidly deteriorating.

78-year-old Ganzoury said that USD nine billion of investments were lost due to instability and insecurity in the country.

"USD 9 billion left Egypt in the past few months," the military-appointed Prime Minister told a press conference.

His remarks came as Field Marshal Muhammad Hussein Tantawy, head of Egypt's ruling military council, issued a decree for the new People's Assembly to hold its first session on January 23, two days before the first anniversary of the revolution that led to the ouster of President Hosni Mubarak.

Ganzoury also noted that the countries, which had promised aid, did not deliver because of internal differences.

"Only a billion has arrived" out of USD 10.5 billion pledged by Arab countries, he said.

He also noted that the G-8 had promised USD 35 billion for Egypt and Tunisia. "Nothing has arrived yet.

Ganzoury called for dialogue among political parties as a means to achieve peace following weeks of protests against the military rule.

At least 100 people have been killed in clashes between protesters and security forces and in sectarian violence since military took power in February after the ouster of Mubarak.

Ganzoury stressed on the importance of removing the barriers, which have become a mark of the downtown area, in order for people and the foreign media to sense that security has returned to the country.

The Premier said the ruling Generals want to hand over power to a civilian government. "They want to leave today, not tomorrow," he said, without elaborating.

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