Wednesday, 15 October, the Office of the Economy of the Formentera Council presented the administration's budget for the year 2015. There are two features that make the document noteworthy: first, its prevision of total debt resolution in the first trimester of 2015. Second, the budget calls for re-worked plan of investments, targeting spending to achieve three goals: to establish Formentera as a clean, safe and tranquil destination for tourists; to promote a renewal of the island's rural areas; and, finally, to continue the push to reduce car-traffic and transform the towns of the island into people-friendly spaces.
To learn more about details of the 2015 budget, click here