It is expected to shift to a fiscal deficit of 0.3% of its GDP. Singapore is likely to unveil an ‘expansionary’ budget ahead ...

Expansionary fiscal policy is commonly used during a recession as a government tool to stimulate economic activity.

Pill, Huw. "Fiscal Policy and the Case of Expansionary Fiscal Contraction in Ireland in the 1980s." Harvard Business School Background Note 705-015, December 2004. (Revised December 2004.) ...