Egypt's President Mohamed Morsi is preparing to modify the controversial decree awarding himself sweeping powers, puting him above the law, AFP quoted Prime Minister Hisham Kandil as saying on Saturday.

AFP quoted Kandil as saying to Al-Mihwar television that Morsi has tasked six officials who met with members of the opposition to "modify the constitutional declaration."

According to the report, the new decree could be finalized later on Saturday or Sunday morning.

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