c.  Per-pupil government expenditure relative to per-capita GDP was similar in Israel to the OECD average at the prekindergarten and secondary levels of education and surpassed the OECD average at the primary and higher-education levels.
In the realm of risk management, AMCM adopts a risk-based approach in accordance with international standard and practice in its daily supervisory work. On the premise, we continued to supervise all authorized institutions by conducting on-site inspections, off-site surveillances and prudential meetings.