Cairo: Prime Minister Mostafa Madbouly announced the government's commitment to addressing the debts of state-owned press institutions, in accordance with presidential directives designed to bolster the nation's media sector. During a meeting with senior ministers and officials, Madbouly highlighted the importance of alleviating the debt burden to reinforce the institutions' national role and enhance their media mission.

According to State Information Service Egypt, the meeting, which took place on Sunday, July 5, 2026, also focused on identifying practical solutions for settling the outstanding liabilities of these institutions. Minister of Finance Ahmed Kouchouk expressed the ministry's dedication to working with the National Press Authority (NPA) to secure sustainable financial resources. This collaboration aims to strengthen the financial standing of the institutions and ensure they can meet their obligations.

State Minister for Information Diaa Rashwan emphasized the broader government initiatives to support Egypt's state-owned press institutions and guarantee their financial sustainability. National Press Authority Chairman Abdel Sadek El Shorbagy discussed the authority's recent endeavors to manage the debt burden. He stressed the importance of maximizing returns from press assets and improving management practices to generate sustainable revenues and prevent further debt accumulation.

At the conclusion of the meeting, Prime Minister Madbouly tasked El Shorbagy with preparing comprehensive studies for each state-owned press institution. These studies are expected to propose mechanisms for achieving long-term financial sustainability. The studies will be reviewed with Deputy Prime Minister for Economic Affairs Hussein Eissa before being presented for approval and subsequent action.