State budget of 2013 is “tight” aiming to solve structural problems which Cyprus economy faces now for years, said Government Spokesman Stephanos Stephanou.

 Speaking after the Council of Ministers which convened Saturday to discuss the state budget, Stephanou said the budget has the quaintness that it was prepared in view of talks with troika and the shaping of a programme for fiscal consolidation.

 Government Spokesman added that the Government will decide with the House of Representatives when the budget is to be discussed and ratified by the House.

 The state budget for 2013 is the first to include measures of the memorandum the government is expected to sign with the Troika of the European Commission, the International Monetary Fund and the European Central Bank, after Cyprus appealed to the European Support Mechanism.