(VOVworld) - With 153 votes in favour, 145 against and two absent, the Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the country's international lenders at a time of growing austerity fatigue.

Greek Prime Minister Alexis Tsipras said that "deep and radical" economic reform remains his goal for the country. (Photo: Reuters)

The budget makes 5.7 billion euros ($6.2 billion) in public spending cuts including 1.8 billion from pensions and 500 million from defense. The savings are greater than this year's 1.5 billion euros. It also included tax increases of just over 2 billion euros.

The government of Prime Minister Alexis Tsipras is under pressure to deliver tangible benefits to its poorest citizens after having signed to a third rescue package from euro zone governments in August worth up to 86 billion euros. But Greece has to follow strict austerity measures set by its creditors and carries out a number of reforms that directly after its people’s lives.