Finance Minister Stan Struthers says the budget will balance the need to reduce expenses, maintain services to families and grow the economy.
He says the Bank of Canada is forecasting that Manitoba's economy will grow at a slower rate this year.
Struthers also says provinces across Canada and countries around the world are all coping with the challenges of economic uncertainty.
He says the best way to keep the provincial economy growing is to create opportunities to train more people for skilled jobs.
The minister says the government is also commited to maintaining Manitoba's cost of living.