Sri Lankan journalists received interest free vehicle loans, courtesy of President Mahinda Rajapakse, according to the Department of Government Information.
Over five hundred journalists had been selected for the scheme, with the first phase inaugurated earlier today.
The president is behind the implementation of the plan, as a relief loan scheme for senior journalists.
500 free laptops will also be provided to all of the journalists.
The loans will be provided by state banks for up to Rs 1.2 million, with the interest covered by the treasury.
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