Are Egypt’s newspapers threatened with extinction?
The Egyptian government launched a plan to reform the state press institutions suffering financial crises, to help them repay their debts.
CAIRO — The Egyptian government’s National Press Authority (NPA) is implementing a reform and restructuring plan for national press institutions to pay back their debts accumulated over the years.
According to an article published by Youm7 on April 25, 2018, the plan includes exploiting the unutilized assets of these institutions, such as the rental of vacant buildings, reducing the costs of newspaper issues and increasing revenues from advertising. The aim is to close the funding gap of these institutions.
