Development Society executives resign

The executive heads of the Northern Development Society, Rui Adriano, and the Metropolitan Development Society, Pedro Ferreira, have handed in their resignations. Eduardo Jesus, an economist, member of the board of the Metropolitan Society, has also resigned. The heads of the Western and Porto Santo Development Societies have also manifested their willingness to step down. The idea of making a holding that congregates all the Development Societies is being mooted. A proposal for consolidating all these companies into one had been made by the Socialist Party some time ago, but was rejected by Jardim’s government.