The Olympics party is over and now it's time to get down to business for the B.C. government as it prepares to table the provincial budget.

Tuesday's budget is forecast to contain a deficit of about $1.7 billion.

And it calls for modest economic growth of almost two per cent after a recession that saw economic growth decline by about three per cent.

Last September, crashing government resource and tax revenues forced the Liberals to update their February 2009 budget to include a record B.C. deficit forecast of $2.8 billion.

The Liberals also implemented wide-ranging budget cuts that hit community, sport and culture organizations.

The government acknowledged shortly after its May 2009 election victory that B.C., like much of the rest of the world, was slammed by the global economic downturn and the economy was in recession.