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BookaFact is a general knowledge, Current Affairs, News, Technology and Informational blog. It covers the Historical, Current facts of the world. In addition to that, blog will cover important impactful news around the world and critical analysis. 

Idea is to embed interesting, unbelievable, hidden, historical and current facts in the world. It will provide help to facilitate learning, acquisition of knowledge and develop skills to grow ourselves as an individual and a society as a whole.

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Coronavirus driven crisis is much worse than 2008 financial crisis: IMF Chief Economist

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Coronavirus driven crisis is much worse than 2008 financial crisis: IMF Chief Economist IMF Chief Economist Gita Gopinath Financial and Economic year 2020 forecast a grim picture because of tremendous uncertainties, global stock markets are crashing, unemployment will rise, companies are shutting down their operations and manufacturing plants, it is too early to predict future but 2021 Financial and Economic recovery is dependent upon containment of coronavirus (Covid-19) pandemic. Due to lockdown, companies are shutting their production plants and people are getting unemployed and it will escalate, IMF chief economist Gita Gopinath She added, looking at the present uncertain situation it is pretty much difficult to forecast but maybe 2021 financial and economic trends will improve, if world is able to contain (Covid-19) pandemic. Smaller economies and developing countries will take much more time to recover than larger economies t...
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Coronavirus: lesson learned by China, Will USA and Europe follow?

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Coronavirus: lesson learned by China, Will USA and Europe follow? In the recent developments, Wuhan has not seen a single Novel Corona Virus (Covid-19) case in last three days. It is a ray of hope, self-belief, and a rare moment of Joy for the rest of the world after the outbreak of Covid-19. WHO Director General Tedros Adhanom , We must exercise caution, situation can be reversed, and the experience of cities countries that have pushed back this virus gave courage and hope. While USA focuses on itself, is still in denial and indulge in a blame game by referring it as Chinese Virus, Kung Flu and Wuhan Virus by the President of USA Donald Trump . On the other hand, Europe is in complete state of helplessness and lock down after the Covid-19 has badly affected Italy, France, Germany, Spain and others. After dealing with the worst situation at home, Beijing has responsibly turned its focus abroad, by sending a group of 300 Chinese intensive-care doctors and medica...
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Out-and-out Lockdown to deal with Coronavirus is the last option: PM Imran Khan

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Out-and-out Lockdown to deal with Coronavirus is the last option: PM Imran Khan Speaking at the press briefing in Islamabad Our preparation to deal with Coronavirus (Covid-19) is far better than other countries in relation to our available resources. Provincial governments have announced partial lock down to contain the spread. If situation gets worse, then complete lock down will be imposed as a last option, speaking at a press briefing on Tuesday, Prime Minister of Pakistan ImranKhan said. Containing Covid-19 spread, maintaining food security, supply chain and Corona-driven economic recession are the challenges at present scenario, He added.  Announcing financial and economic package for approximately 1100 billion rupees at the occasion for Industrialists, National Disaster and management authority (NDMA), Labor force, food department and for medical facilities. Government and people need to fight together to beat the Covid-19 pandemic. We did it ...
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23 March Lahore Resolution: Culmination of two Nation Theory

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23 March Lahore Resolution: Culmination of two Nation Theory Soon after the congress ministries from 1937 to 1939 and its atrocities on Muslims of subcontinent. The 27 th annual session of All Indian Muslim league (AIML) was held in Minto Park (now named as Iqbal Park), Lahore from 22-24 March, 1940 . The session was presided by Muhammad Ali Jinnah, different notable leaders addressed the annual session. The resolution for separate homeland was prepared by Muhammad Zafarullah Khan and presented by A.K Fazlul Haq. Quoting Resolution No constitutional plan would be workable or acceptable to the Muslims unless geographical contiguous units are demarcated into regions which should be so constituted with such territorial readjustments as may be necessary. That the areas in which the Muslims are numerically in majority as in the North-Western and Eastern zones of India should be grouped to constitute independent states in which the constituent units shall be autonomous a...
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US inaction overtakes Italy and China in Coronavirus, hits new level of active cases!

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US inaction overtakes Italy and China in Coronavirus, hits new level of active cases! In a recent development, USA has surpassed Italy and China in Coronavirus (Covid-19) cases, inaction has cost USA to spread pandemic at a higher rate. Active Covid-19 cases are about 227,687 in USA as of today. If it is not taken seriously by President Donald Trump administration, conditions will change drastically and increase in deaths will be inevitable. On an overall Covid-19 pandemic count in the world, more than 1,013,709 people are infected. Out of these more than 748,719 cases are still active, rest have died or recovered. Total Coronavirus cases in USA USA overtakes China and Italy, about 243,972 people infected by Covid-19 in USA, more than 10,400 have recovered and 5,883 people died. However, more than 227,687 are still active cases in USA, it is the highest in the world. Daily Coronavirus cases in USA...
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What is FATF? why FATF is important for Pakistan ?

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  What is FATF? why FATF is important for Pakistan ? Financial action task force (FATF) also known by its French name Groupe d'action financière, is an intergovernmental body established in 1989 on the initiative of G-7 countries and it’s headquarter is in Paris, France. It is a body to combat money laundering initially and later on terror financing and other potential threats to international financial system were included in 2001. Structure of FATF consists of 39 members including two international institutions the European Commission and Gulf Cooperation Council respectively. Pakistan is not a member state of FATF, instead it is a FATF associate Asia Pacific group (APG) member on money laundering. Paris based global watchdog to curb money laundering and terror financing will review performance of Pakistan on action plan in its virtual session from October 21 to 23. Pakistan was placed on a grey list of FATF in June 2018 and given 27 action plan points to prevent from going i...
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