Sri Lanka may sell off teak trees for cash
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01/12/1998
Cash-starved Sri Lanka wants to cut down valuable teak trees in its national parks, raising a cry of outrage from environmentalists. A committee appointed by the President Chandrika Kumaratunge early this year suggested the government could earn $ 35 million by cutting and selling the teak. That is enough to pay one-fourth of the country's annual education budget.