Iran cancels Press Exhibition over adverse economic conditions
Iran cancels Press Exhibition over adverse economic conditions

The Ministry of Culture and Islamic Guidance has decided to cancel the Press Exhibition this year due to the current adverse economic conditions facing the country and print media, the Persian service of MNA reported on Saturday. Mohammadreza Darbandi, the director of the Domestic Press and News Agencies Department of the culture ministry, refused to […]

The Ministry of Culture and Islamic Guidance has decided to cancel the Press Exhibition this year due to the current adverse economic conditions facing the country and print media, the Persian service of MNA reported on Saturday.

Mohammadreza Darbandi, the director of the Domestic Press and News Agencies Department of the culture ministry, refused to give further details about the decision.

Deputy Culture Minister for Press Affairs Mohammad Soltanifar previously said that the Press Exhibitions would likely be canceled due to the economic problems facing the newspapers.

Over the past few months, the high price and shortage of newsprint paper and a reluctance by firms to advertise in the press have led to the closure of several newspapers, including Hambastegi.

In addition, many newspapers have downsized their workforce and reported a decrease in the number of their pages.

The cost of organizing the Press Exhibition has been estimated at 50 billion rials (over $1 million). The culture ministry was seeking a sponsor to support the Press Exhibition this year. However, no firm agreed to support the event.