War, pandemics, inflation, the threat of famine, debt crises and social unrest determine the times.

With this agenda, finance ministers and central bankers coming to Washington for the Spring Meetings of the World Bank and IMF are certainly wishing back to the days when the climate crisis seemed the greatest threat.

The challenges are enormous because at the same time solutions are not obvious.

Ukraine can count on help from the IMF and the World Bank, although any support from these multilateral institutions can only be a drop in the ocean.

According to rough estimates, the country's economic output has halved, and the Russians are deliberately destroying the country's infrastructure in order to make it impossible to survive economically.

Ukraine will need a reconstruction program that the world has not seen for a long time.

This program must be carried out by a donor community that has to deal with its own crises and presumably high interest rates.

It remains difficult.