As the global financial crisis takes its toll on the nations, various policies to survive the turmoil are being planned and implemented. As inflation tends to give signals of receding, the government of Singapore plans to dilate its 2009 budget in order to sustain in the looming adversity.

The priority areas of the next budget will be provision of more support for economic growth and measures for more employment opportunities. The finance minister of the country Tharman Shanmugaratnam said on Sunday, 'With the economy rather than inflation being the key priority, the budget should be expansionary.'

He also added that since the present economic downfall is unlikely to cease its grip, measures will be taken to resort for long term sustainable development.

The economic situation of the nation that is under the sieze of recession reported its seasonally adjusted 6.3 percent in the July-September quarter. The nation’s financial year commences from April 1 while the budget is presented in the parliament in the month of February. Even China has announced a 4 trillion yuan ($586 billion) government spending package to overcome the engulfing tide of economic crisis.