the Russia-Ukraine war impacted the world economy and led to higher prices of energy

In the first half of 2022, the Russia-Ukraine war impacted the world economy and led to higher prices of energy; Higher-than-expected inflation in the world, especially in the United States and major European economies, has led to a tightening of the financial environment; regional public health problems such as COVID-19 epidemic and monkeypox have disturbed economic activities. The International Monetary Fund (IMF) lowered its forecast for world economic growth in 2022 and 2023 to 3.2% and 2.9% respectively, after lowering its forecast for world economic growth in April