Thailand’s lower house of parliament passed a 3.78 trillion baht ($117 billion) annual budget, needed to support a fragile economy that’s at risk from issues ranging from the effect of higher U.S. tariffs to a downturn in tourism.

The budget bill for the year starting Oct. 1 was backed by 257 lawmakers in the 500-member House of Representatives late Friday, following a three-day debate. A total of 229 members opposed the spending plan.

The vote will be a relief to investors in the Southeast Asian nation, by avoiding a repeat of the months-long deadlock over spending plans seen in 2019. The country faces a litany of problems, including political instability linked to the suspension of Prime Minister Paetongtarn Shinawatra; continued tensions with Cambodia that recently erupted into violen

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