Leader Yitzhak Moda'i Split from Likud Political position Centre-right | Founded 15 March 1990 Ideology Liberalism (Israel) Most MKs 5 (1990) | |
The New Liberal Party (Hebrew: מפלגה ליברלית חדשה, Miflaga Libralit Hadasha) was a political party in Israel in the early 1990s.
Background
The party was formed on 15 March 1990 during the twelfth Knesset by five MKs who had broken away from Likud. Originally known as the Party for the Advancement of the Zionist Idea, all five MKs were former members of the original Liberal Party, which had merged into Likud in 1988.
Despite breaking away from his party, the new faction joined Yitzhak Shamir's government, with Yitzhak Moda'i appointed Minister of Finance. On 18 June 1990 Avraham Sharir returned to Likud, as did Yosef Goldberg on 4 December that year.
In March 1992, shortly before the elections that year, the party renamed itself the New Liberal Party. However, it won only 0.6% of the vote, failing to cross the electoral threshold and subsequently disappeared.