Except for December 2018, the annual inflation rate has remained at 1.2% or higher over the past nine months, slightly above the lower bound of the bank's 1%-3% target range.
Speaking at the Maariv Leaders Conference in Jerusalem, Cohen said Israel could rise from its current ranking by focusing on the country's hi-tech and energy sectors.
Israel enjoys GDP per capita of $42,120. In contrast, Japan's GDP per capita is $40,850.
The bill would put a series of regulations in place for executives making over NIS 3.5 million a year.
For Israel, the OECD accounted for the lion’s share of FDI inflows, with almost $3b. in 2012.