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Govt starts implementing IMF conditions as it commences closing banks running at a loss

Islamabad: The caretaker government has started implementation on the International Monetary Fund (IMF) conditions as it has taken action against three banks who are running at a loss.

The caretaker government has taken action on the IMF demand to close three banks which are in loss.

The government has started working on closing SME bank. It is likely that the bank will be closed completely in three months.

Moreover, it is also considering a program to shut down the first women bank.