Le B20, Business at OECD, et l'OIE publient un document conjoint : "Améliorer l'efficacité des paiements et des fonds de roulement pour assurer la durabilité et la croissance"

Lisez la dernière publication conjointe du B20, de Business at OECD et de l'OIE pour en savoir plus sur les recommandations politiques concrètes pour une croissance durable et la facilitation des paiements transfrontaliers (en anglais).

The B20, Business at OECD(BIAC) and the International Organisation of Employers (IOE) released a joint paper,underlining the need to raise business productivity by effectively addressing the private sector’s working capital requirements. Released in the margins of the B20 India Summit, the three leading private sector organisations recommend to G20 leaders a simple, though powerful, effective and concrete policy action to jointly deliver sustainability targets and inclusive long-term economic growth, without committing scarcer public finances.

The joint paper emphasizes that supporting trustworthy interoperable early payment platforms, which are structured on safe principles and requirements such as the Legal Entity Identifier (LEI), can remove barriers to the availability of critical working capital and facilitate cross-border payments. The publication leverages on the “Sustainable Growth Propeller” framework initiated under the B20 Presidency in 2022, and provides pragmatic recommendations to tackle existing obstacles to sustainable business's operations and growth.

Commenting on the announcement,Rick Johnston, Chair of Business at OECD, stated that“the objective of this paper is to make a tangible contribution towards delivering both sustainability targets and inclusive long-term economic growth. We propose concrete steps towards enhancing firms’ productivity by addressing the challenges they face in terms of working capital and payment efficiencies: a perfect example of actionable policy intervention targeting productivity and offering win-win opportunities.”Moreover, Natarajan Chandrasekaran, Chairman of B20 India, added that “the B20, Business at OECD and IOE joint paper offers a concrete, readily implementable, example of how businesses and governments can deliver a more equitable world and channelising efforts towards climate action and digital inclusion, key to the B20 India Presidency.  

Roberto Suárez Santos, IOE Secretary-General, underlined, “the paper highlights the presence of a significant low hanging fruit: effective early platforms for working capital built along the lines of described in this paper would increase both employment and GDP.”Gianluca Riccio, Vice Chair of Business at OECD Finance Committee and lead author of the paper, added: “boosting firms’ working capital through early payment platforms at national level can accelerate growth in international trade, enhancing cross-border payments – a G20 priority; while reducing cost of remittances, with benefits domestically in terms of both employment and sustainable growth”.