that the country exports 1 million barrels per day of crude oil and 0.3 million barrels per day of gas condensates at an average price of $72 per barrel of crude. The official exchange rate is projected to be on average US$28,500/IRR. Dependency on oil exports in this overall budget bill has dropped to 25% (down from over 30% of government revenues in 2014.) The plan is to increase taxation on large organizations by reducing tax evasion/exemption. The Iranian state is the biggest player in the economy, and the annual budget strongly influences the outlook of local industries and the stock market. The 2015 budget is not expected to bring much growth for many of the domestic industries. An average oil price of $50 for the coming year would result in a deficit of $7.5 billion. The government can lower this deficit by increasing the official exchange rate but this will trigger higher inflation. The proposed expenses are $58 billion including $39 billion is salary and pension payments to government employees. Proposed development expenditure amounts to $17 billion. R&D's share in the GNP is at 0.06% (where it should be 2.5% of GDP) and industry-driven R&D is almost non‑existent.