Editing Politics of Iran (section)

====2016–17====
Proposed government budget is 9.52-quadrillion [[Iranian rial]]s (about 262 billion US dollars).<ref name=TT2/> Assumptions made in the budget are $50 billion in [[Foreign direct investment in Iran|foreign investment]] and foreign loans, 5-6% GDP growth and 11% inflation.<ref name=TT2/> Sixty-five percent of the budget is to be financed through [[Taxation in Iran|taxation]] and the remaining 35% from [[Central Bank of Iran#Oil revenues|oil sales]], based on 2.25 million barrels of oil sales per day, an average [[oil price]] of 40 dollars a barrel and [[Iranian rial#Value|US dollar-Iranian rial exchange rate]] at 29,970.<ref name=TT2>{{cite news|title=Rouhani presents $262b budget bill to Majlis|agency=Tehran Times Social Desk|url=http://tehrantimes.com/index_View.asp?code=252294|date=18 January 2016|access-date=24 January 2016|work=Tehran Times|archive-url=https://web.archive.org/web/20160131065735/http://tehrantimes.com/index_View.asp?code=252294|archive-date=31 January 2016|url-status=live}}</ref>

According to the [[Economy of Iran#National planning|sixth five-year development plan]] (2016-2021), the [[Iranian subsidy reform plan|subsidy reform plan]] is to continue until 2021.<ref name=TT2/>

An amendment to the budget was passed in August 2016. This amendment allows the government to issue [[Banking in Iran#Bond market|debt based instruments]] and the use of [[Central Bank of Iran#Foreign reserves|forex reserves]] in an attempt to clear its [[Politics of Iran#External debts|debt to the private sector]], including [[Construction industry of Iran|contractors]], [[Banking and insurance in Iran|banks and insurers]].<ref>{{cite web|url=http://www.turquoisepartners.com/media/1244/iim-oct16.pdf|title=Iran Investment monthly|date=October 2016|website=Turquoisepartners.com|access-date=15 August 2018|archive-url=https://web.archive.org/web/20170905031409/http://www.turquoisepartners.com/media/1244/iim-oct16.pdf|archive-date=5 September 2017|url-status=live}}</ref>