Four “critical” uncertainties facing the global economy – from the prospect of global recession to rising climate risks – have hurt the overall investment environment, Monetary Authority of Singapore chief Ravi Menon warned today (September 20).

One key uncertainty is the severity of a likely global economic downturn next year, Menon told an audience at a financial forum.

“The risk of the major advanced economies entering a recession in 2023 is high,” he said, noting central banks have been