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03.11.2004 Business & Finance

Venture Capital Bill passed

By GNA

Accra, Nov. 3, GNA - Parliament on Wednesday passed The Venture Capital Bill to improve investment funds available for Small and Medium Scale Enterprises (SMEs) The source of money for the fund is 20 per cent of proceeds of the National Reconstruction Levy.

It is expected that the Fund would help promote the development of a venture capital industry in the country.

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