dubai the dubai government on friday said it fully expected the fallout from its massive debt problem and promised to pump in all necessary resources to ensure longterm success of dubai world the government is spearheading the restructuring of this commercial operation in the full knowledge of how the markets would react dubai governments supreme fiscal committee chairman shaikh ahmad bin saeed al maktoum said in a statement he said the governments intervention in dubai world was carefully planned and reflects its specific financial position we want to ensure resources are deployed in the full knowledge that they are used to enhance the businesses of the dubai world group build on the restructuring that has already been taking place and ensure long term commercial success gulf news quoted shaikh ahmad as saying dubai world an investment company that manages and supervises a portfolio of businesses and projects for the dubai government yesterday said it would ask creditors for a standstill on paying back its usd 60 billion debt until at least may 2010 markets across the world went into a tailspin after the report the ftse 100 suffered its worst singleday dip since march on thursday shares in asian exchanges also got affected by the tremors of dubai debt