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Slideshow Egypt's Mursi says falls short of goals, seeks to assuage critics Tweet Share this Email Print Related News IMF chief praises Gulf effort on oil price management Sat, Oct 6 2012 Egypt wheat buyer moves markets as he ensures bread supply Thu, Oct 4 2012 Egypt PM says IMF team to visit in last week of October Wed, Oct 3 2012 Egypt talks on $4.8 billion deal with IMF delayed Mon, Oct 1 2012 Egypt sentences 14 to death for Sinai attacks Mon, Sep 24 2012 Analysis & Opinion The news this weekend: LPG, Kejriwal, toilets, politicians… and Somali pirates Related Topics World » Egypt » Middle East Turmoil » 1 of 10. Egypt's President Mohamed Mursi speaks to the nation at Cairo stadium October 6, 2012, to mark the anniversary of Egypt's successful crossing of the Suez Canal in its October 1973 war against Israel. Mursi said on Saturday he had fallen short of goals he promised to fulfil in his first 100 days in office, but aimed to assuage critics by highlighting his most prominent achievements. Credit: Reuters/Egyptian Presidency/Handout By Shaimaa Fayed CAIRO | Sat Oct 6, 2012 7:26pm EDT CAIRO (Reuters) - Egyptian President Mohamed Mursi said on Saturday he had fallen short of goals he promised to fulfill in his first 100 days in office, but aimed to assuage critics by highlighting his most prominent achievements. Mursi, who hails from the Muslim Brotherhood, was handed power in June by the army council that ruled Egypt for 16 months following Hosni Mubarak's ouster in a popular uprising in 2011 and after a presidential election. He spoke on Saturday before tens of thousands of Egyptians gathered at the Cairo stadium to mark the anniversary of Egypt's successful crossing of the Suez Canal in its October 1973 war against Israel. "When election results were announced and I took up responsibility on June 30, I announced a clear programme," Mursi told the crowds, referring to a 100-day plan that broadly focused on issues of security, supply of energy and bread, street cleanliness, and traffic decongestion. "What has been achieved is not enough of course, but what has been achieved by professional standards is about 70 percent of what we targeted during those 100 days." Mursi said that among his government's main shortcomings was the ability to supply butane gas cylinders to Egyptians. Millions of home do not have natural gas piped into their homes. The state currently sells butane cylinders at about 5 Egyptian pounds ($0.82) each as part of its energy subsidy programme. The actual cost of the cylinders is about 65 pounds. "There is a 15 percent supply shortage that pains us all but there are reasons for this. We are not trying to escape responsibility," Mursi said, citing deep-rooted corruption in the country as one of the reasons for insufficient supplies. Amongst his top achievements, however, Mursi stressed the interior ministry's work to step up security in the country, which had deteriorated after last year's uprising. Seeking to ward off criticisms that he had placed foreign policy ahead of domestic affairs, Mursi said his travels to Addis Abbaba, Beijing, and New York among other destinations since his election were targeted at boosting the economy. "We conducted 9 trips in 11 days. They brought the economy around $10 billion in the form of direct support as well as investment projects during a brief period," Mursi said. Egypt is seeking to secure a $4.8 billion loan from the International Monetary Fund to plug an unmanageable budget deficit. Reducing state expenditure by targeting subsidies more toward the needy is seen as vital for receiving the loan. Mursi told the crowds that he was not veering away from his Islamist principles by accepting the loan since Islamic law normally forbids paying of interest. "Some are asking whether the loan is considered usury or not. I do not accept at all that Egyptians get fed off usury," Mursi said. "1.1 percent (interest rate), is this usury?" Though the crowds cheered him, some criticized what they said was a populist speech aimed at concealing shortcomings. "The government over-promised," said Sherif ElGhatrifi, head of an insurance firm. "There is little substance in what Mursi said, no clear messages he wants to give except excuses for not delivering. I do not feel any change on the streets." ($1 = 6.0930 Egyptian pounds) (Additional reporting by Omar Fahmy and Ahmed Tolba; Editing by Myra MacDonald) World Egypt Middle East Turmoil Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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