Credit Unions want regional governments to change economic growth strategies

PANAMA CITY, Panama, CMC – The Caribbean Confederation of Credit Unions (CCCU) has ended a four-day international conference here calling on regional governments to regard the co-operative movement as the new engine of growth in light of the ongoing global economic and financial crisis.
Newly elected CCCU president, Aaron Moses of Grenada, told the closing ceremony on Tuesday night that Caribbean governments, who have in the past placed much emphasis on the private sector as the main engine of socio-economic growth, should begin to re-think that strategy.
“I think we need to do more to influence our governments to pay more attention to the development of the cooperative sector as an alternative development model.