In an effort to ensure the success of economic measures ordered by the Yemeni government this month to save the national currency from collapse, Prime Minister Ahmed bin Daghr ordered the Ministry of Finance and the Central Bank of Yemen to quickly implement the recommendations of the Economic Committee. Since the Houthi coup, the Yemeni riyal has lost almost two-thirds of its value. The collapse of the riyal, which has intensified in recent weeks, caused popular distraught in the liberated areas due to high prices. Most employees are now incapable of meeting their basic needs, which prompted President Abd Rabbu Mansur Hadi to form an economic committee headed by his adviser Hafez Muayed to find solutions to the worsening crisis. On Monday, bin Daghr ordered that any surplus of foreign cash in the accounts of public agencies be used to address the causes of the currency devaluation. Yemeni Economic Committee and the government approved re-supporting the import of fuel and commodities and placed restrictions on the import of luxury goods. They also adopted several measures as part of the efforts to stop economic deterioration, and ordered an increase in salaries of employees. Despite these measures, the situation remained the same with the continuous devaluation of Yemeni riyal; dollar now is worth 630 Yemeni riyals in the black market and exchange shops in Aden. In addition, Bin Daghr issued a decree to close the accounts of public organizations with commercial banks and keep the accounts in the countrys central bank in the temporary capital Aden, according to Saba news agency. The meeting approved a number of binding measures and indicated that the central bank will use those surpluses to meet the demands on the dollar for importing oil products. The government accuses the Houthi group of buying and smuggling foreign currency into offshore accounts. The cabinet also accuses the insurgency of being responsible for depleting the central bank of $5 billion of foreign currency reserves. Before transferring the Bank to Aden, Houthis also used over two trillion Yemeni rials. Economic observers believe the legitimate government needs to rationalize non-essential spending, resume the export of oil and gas from all fields producing at maximum power, as well as the need to reform its financial and administrative system to enhance its ability to better utilize local resources, such as taxes and customs duties.