Minister of Finance and Economic Planning, Dr. Kwabena Duffuor, left Accra last night as the head of a delegation to the IMF/World Bank Spring Meetings currently underway in Washington, D. C. Also attending the annual meeting is Governor of the Bank of Ghana, Kwesi Amissah-Arthur and other officials from the Central Bank and the Ministry of Finance. According to a statement from the Ministry the delegation will have meetings with the management of the IMF and the World Bank to discuss recent Economic Developments in Ghana, as well as areas where the two institutions can assist in the achievement of Ghana’s development agenda. The delegation will also participate in a number of other meetings including the G-24 Ministerial Meetings, forum for Senior Policy Makers on Macro Fiscal issues, Water and Sanitation High Level Meeting, African Caucus Meeting and the forum on Public Private Partnerships. The delegation is also scheduled to hold meetings with the Millennium Challenge Corporation, the International Finance Corporation and the Multilateral Investment Guarantee Agency (MIGA) among others. In a video conference earlier with journalists from Africa, ahead of the meeting, World Bank Vice President in charge of Africa Obiageli Ezekwesili said the bank is increasing its capital to enable it increase its support to the continent. Meanwhile, the World Bank is proposing two new taxes on banks and other financial institutions to fund future bail-outs. The proposal is contained in IMF documents made available to governments of the G20 group of nations on Tuesday afternoon and has been seen by the BBC. According to the BBC, the proposals which would affect banks the world over were "more radical" than most had anticipated. All institutions would pay a bank levy - initially at a flat-rate - and also face a further tax on profits and pay. The measures are designed to make banks pay for the costs of future financial and economic rescue packages. The plans will be discussed by finance ministers this weekend.