Israeli finance minister Avraham Shochat passes away at age 87.

February 28, 2024
1 min read


  • Former Israeli Finance Minister Avraham Shochat passed away at 87.
  • He was instrumental in economic aspects of the Oslo Accords and served as mayor of Arad for 22 years.

Former Israeli Finance Minister Avraham Shochat, a Labor Party stalwart, passed away at the age of 87. He had a long and illustrious career in public service, serving as mayor of Arad for 22 years and as a Knesset member for 14 years. Shochat was known for his close connection to Yitzhak Rabin and his key role in the economic aspects of the Oslo Accords, which had a significant impact on the Israeli economy. He was also praised for his efforts in initiating various infrastructure projects, including the construction of Highway 6 and Israel’s first desalination plant.

Shochat’s dedication to public service and his commitment to economic development were evident throughout his career. His passing marks the end of an era for Israeli politics, as he leaves behind a legacy of economic advancement and infrastructure development that will be remembered for years to come.

Previous Story

Finance ministers clash over seizing Russian assets, creating divisions.

Next Story

Norton Rose Fulbright adds new partner to Public Finance team.

Latest from Blog

Don't Miss