Yitzhak Moda'i (, born
17 January 1926, died
22 May 1998) was an
Israeli politician, who served five terms in the Israeli
Knesset for
Likud and then the
New Liberal Party over the course of a 20 year career. Moda'i was a member of the now-defunct
Liberal Party, which later merged into the
Likud. He was a member of several Likud cabinets, and served as minister without portfolio, finance minister, justice minister and energy and infrastructure minister. He is best known for the 1985 economic stabilization plan that severely curtailed Israel's
hyperinflation of the early 1980s, which he, as finance minister, devised together with then-Prime Minister
Shimon Peres.
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