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====2014β15==== Iran's earmarked government spending for the year starting in March 2014 at $75 billion, calculated on an open-market exchange rate, with an overall/"total" budget ceiling estimated at $265 billion. The draft budget estimates oil exports at about 1.1 million barrels per day (bpd). The 2014 budget assumes an average oil price of $100 per barrel, inflation at 21%, GDP growth at 3% and the official USD/IRR exchange rate at 26,000 [[Iranian rial]]s.<ref>{{cite web|url=http://www.iran-daily.com/1392/9/18/MainPaper/4671/Page/1/|title=Irandaily - No. 4671 - Front page. p. 1|access-date=18 May 2016|archive-url=https://web.archive.org/web/20131214025012/http://www.iran-daily.com/1392/9/18/MainPaper/4671/Page/1/|archive-date=14 December 2013|url-status=live}}</ref><ref>{{cite web|url=https://news.yahoo.com/iran-39-president-nuclear-deal-helped-economy-105703396.html|title=Iran's president: Nuclear deal has helped economy|date=8 December 2013|work=Yahoo News|access-date=10 June 2015|archive-url=https://web.archive.org/web/20141129102629/http://news.yahoo.com/iran-39-president-nuclear-deal-helped-economy-105703396.html|archive-date=29 November 2014|url-status=live}}</ref><ref>{{cite web|url=https://www.voanews.com/a/irans-budget-2014-taking-shape/1840387.html|title=Iran's 2014 Budget Taking Shape|work=VOA|access-date=10 June 2015|archive-url=https://web.archive.org/web/20140131165501/http://www.voanews.com/content/irans-budget-2014-taking-shape/1840387.html|archive-date=31 January 2014|url-status=live}}</ref><ref>{{cite web|url=http://en.trend.az/capital/business/2235653.html|title=Iran's next year budget bill sees economic growth at 3%, inflation at 21%|date=29 January 2014|work=Trend|access-date=10 June 2015|archive-url=https://web.archive.org/web/20140705180948/http://en.trend.az/capital/business/2235653.html|archive-date=5 July 2014|url-status=live}}</ref> The budget bill permits the government to use more than $35 billion in foreign finance.<ref>{{cite web|url=http://iran-daily.com/1392/9/28/MainPaper/4680/Page/1/|title=Irandaily - No. 4680 - Front page. p. 1|access-date=10 June 2015|archive-url=https://web.archive.org/web/20131223210742/http://www.iran-daily.com/1392/9/28/MainPaper/4680/Page/1/|archive-date=23 December 2013|url-status=live}}</ref> [[Capital expenditure]] is set to rise by 9.7%.<ref>{{cite web|url=http://www.turquoisepartners.com/iraninvestment/IIM-AprMay14.pdf|title=Iran Investment monthly|date=May 2014|website=Turquoisepartners.com|access-date=15 August 2018|archive-url=https://web.archive.org/web/20140714131412/http://www.turquoisepartners.com/iraninvestment/IIM-AprMay14.pdf|archive-date=14 July 2014|url-status=live}}</ref> The administration has set the goal of 519 trillion rials, (about $20.9 billion) government's income from implementation of the [[Iranian subsidy reform plan|subsidy reform plan]] in budget bill and will be likely forced to double fuel prices.<ref>{{cite web|url=http://www.azernews.az/analysis/63869.html|title=Iranian government likely forced to double fuel prices|author=AzerNews|work=AzerNews|date=29 January 2014|access-date=10 June 2015|archive-url=https://web.archive.org/web/20150608102548/http://www.azernews.az/analysis/63869.html|archive-date=8 June 2015|url-status=live}}</ref> In February 2014, Parliament approved a ''total'' budget bill worth 7,930 trillion rials ($319 billion at the official exchange rate).<ref>{{cite web|url=https://www.voanews.com/a/reu-Iranian-parliament-passes-budget-in-win-for-rouhani/1848089.html|title=Iranian Parliament Passes Budget in Win for Rouhani|work=VOA|access-date=10 June 2015|archive-url=https://web.archive.org/web/20141129191850/http://www.voanews.com/content/reu-Iranian-parliament-passes-budget-in-win-for-rouhani/1848089.html|archive-date=29 November 2014|url-status=live}}</ref> The International Monetary Fund has estimated Iran needs an oil price above $130 a barrel to balance its 2015-state budget; Brent crude was below $80 a barrel in November 2014. The IMF estimated in October 2014 that Iran would run a general government deficit of $8.6 billion in 2015, at the official exchange rate, to be compensated by drawing on the [[National Development Fund]].<ref>{{cite web|url=https://finance.yahoo.com/news/iran-draw-sovereign-fund-withstand-152150684.html;_ylt=AwrBEiEvaGhUIzsAwnHQtDMD|title=Iran to draw on sovereign fund to withstand oil price slide|date=15 November 2014|work=Yahoo Finance|access-date=10 June 2015|archive-url=https://web.archive.org/web/20180815164249/https://finance.yahoo.com/news/iran-draw-sovereign-fund-withstand-152150684.html;_ylt=AwrBEiEvaGhUIzsAwnHQtDMD|archive-date=15 August 2018|url-status=live}}</ref>
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