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The phrase "are currently facing" is correct and usable in written English.
It can be used to describe ongoing challenges or difficulties that individuals or groups are experiencing at the present time.
Example: "Many businesses are currently facing significant challenges due to the economic downturn."
Alternatives: "are presently encountering" or "are facing at this time.".
Exact(60)
Two surviving former leaders are currently facing trial.
What problems are currently facing American food banks?
Seventeen of the 250 detainees at Guantánamo are currently facing charges.
At 40%, millennials are currently facing the highest long-term unemployment of all age groups.
"We are currently facing a financial drought," Ali Larijani, parliament's speaker, told officials on Monday.
Mr. Soros says that "we are currently facing a deflationary situation.
"We are currently facing 200 motions to quash our discovery requests.
But it is the most plausible ones which are currently facing the chop.
These adobe houses are currently facing oblivion due to changes in lifestyle and shift in priorities.
Third, we consider emerging issues that clinicians are currently facing when making treatment decisions regarding immunotherapy.
Three lawyers are currently facing prosecution for tweets and retweets "deemed to undermine the judiciary".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com