|Minister of Transport|
4 April 1980 – 28 June 1981
|Prime Minister||Francesco Cossiga|
|Preceded by||Luigi Preti|
|Succeeded by||Vincenzo Balzamo|
|Minister of Finance|
28 June 1981 – 1 December 1982
|Prime Minister||Giovanni Spadolini|
|Preceded by||Franco Reviglio|
|Succeeded by||Francesco Forte|
22 July 1989 – 28 June 1992
|Prime Minister||Giulio Andreotti|
|Preceded by||Emilio Colombo|
|Succeeded by||Giovanni Goria|
|Minister of Labour and Social Security|
28 July 1987 – 22 July 1989
|Prime Minister||Giovanni Goria|
Ciriaco De Mita
|Preceded by||Ermanno Gorrieri|
|Succeeded by||Carlo Donat-Cattin|
|Member of the Senate|
5 June 1968 – 11 July 1983
|Member of the Chamber of Deputies|
11 July 1983 – 14 April 1994
|Born||1 March 1927|
|Political party||Italian Socialist Party|
|Occupation||Chartered accountant, politician|
Salvatore Formica (born 1 March 1927), best known as Rino Formica, is a former Italian politician.
Formica was born in Bari.
He became a member of national importance of the Italian Socialist Party (Italian: Partito Socialista Italiano, or simply PSI) during the leadership of Bettino Craxi. He was several times Minister of the Italian Republic starting from 1980. He was Minister of Budget in the Spadolini II Cabinet, whose fall was caused by a quarrel between Formica and the other economy minister Beniamino Andreatta.
Formica was strongly critical of the PSI's transformation from a popular, social-based party into one involved in numerous corruption and official malfeasance scandals under Craxi. He declared "the convent is poor, but the monks are rich" (in reference to PSI's financial problems, where its members were instead increasingly well endowed), and defined PSI's national assembly as "a court of dwarves and ballerinas. Formica was one of the numerous PSI members involved in the Mani Pulite scandal of the early 1990s, although he was acquitted in the two trials raised against him. After Craxi's resignation as PSI national secretary in 1993, he supported Claudio Martelli as his successor. In 1994 he was not re-elected to the Italian Parliament for the first time since the 1970s.
In 2003 he founded a post-Socialist party called Socialismo è Libertà and later adhered to the new Italian Socialist Party, a small-sized formation of socialists who did not join the Democratic Party.