Egypt is taking new steps to strengthen the financial position of its state-owned press institutions. Prime Minister Mostafa Madbouly has instructed the National Press Authority (NPA) to prepare detailed financial sustainability studies for each state-owned media organization. The goal is to create long-term plans that will help these institutions settle accumulated debts and improve their financial health.
The directive was issued during a government meeting held on Sunday. The discussions focused on finding practical ways to address the financial challenges facing state-owned press organizations while supporting their future operations.
Under the new plan, each institution will prepare a comprehensive study explaining how it can achieve financial sustainability. These reports will identify ways to increase revenue, improve financial management, and reduce existing debt.
After the studies are completed, they will be reviewed with Deputy Prime Minister for Economic Affairs Hussein Issa. The proposals will then be presented during a future government meeting for approval before any necessary measures are implemented.
Several senior government officials attended the meeting. They included Finance Minister Ahmed Kouchouk, Minister of State for Information Diaa Rashwan, Minister of Planning and Economic Development Ahmed Rostom, and National Press Authority Chairman Abdel Sadek El-Shorbagy.
The government said resolving the financial problems of state-owned press institutions remains an important priority. Madbouly explained that the work follows presidential directives aimed at supporting Egyptian media and strengthening its national role.
He noted that officials have held several meetings in recent months to discuss possible solutions. These discussions have focused on developing practical financial measures that can improve the long-term stability of the institutions while addressing their outstanding obligations.
The Finance Ministry also reaffirmed its commitment to supporting the process. Finance Minister Ahmed Kouchouk said the ministry will continue working closely with the National Press Authority to settle outstanding debts.
He said the objective is to help the institutions secure stable financial resources that will allow them to meet current obligations while improving their financial performance in the future.
Officials believe that creating reliable income sources will reduce financial pressure and strengthen the ability of state-owned media organizations to continue operating effectively.
Minister of State for Information Diaa Rashwan also stressed the importance of the initiative. He said resolving financial liabilities is part of the government’s broader strategy to improve the financial strength of the media sector.
According to Rashwan, stronger financial conditions will help state-owned media organizations continue carrying out their public responsibilities while operating on a more stable financial foundation.
During the meeting, National Press Authority Chairman Abdel Sadek El-Shorbagy presented an update on the authority’s recent debt settlement efforts. He outlined the progress made so far and discussed plans for the next stage of financial reform.
El-Shorbagy said the authority is placing greater focus on improving the management of assets owned by state-run press institutions. Better use of these assets is expected to create additional income that can support daily operations and reduce financial pressure.
He also emphasized the need to prevent new debts from building up. Along with generating more revenue, the authority plans to strengthen financial oversight and improve spending management to support long-term sustainability.
State-owned media organizations in Egypt have faced financial challenges for several years as changing media consumption habits, rising operating costs, and economic pressures have affected revenue. Governments in many countries have introduced financial reforms to help public media organizations adapt to changing market conditions while maintaining their public service role.
The latest Egypt Press Debt Plan reflects the government’s effort to create lasting financial solutions rather than relying only on short-term support. By combining debt settlement with stronger financial management and better use of institutional assets, officials hope to place state-owned press organizations on a more sustainable path while enabling them to continue serving the public in the years ahead.
