The Houthi supreme revolutionary committee has decided to float the prices of fuels on the foreign exchange markets.
At a meeting on Saturday, the committee also ordered to raise the prices of fuels and that the prices rise goes to the construction of an electric power plant and a fuel port, the Saba news agency reported on Monday.
The prices of gasoline and diesel will be raised by 5 Yemeni Rials per litre and the rise will be deposited into the account of the power plant.
And the prices of kerosine, gasoline and diesel will be raised by 1.60, 1.54 and 1.79 Yemeni Rials per litre respectively during 24 months and the prices rise will go for the fuel port project.
Moreover, the decision included that the private sector is authorized to import fuels in accordance with state regulations.
The measures were taken to alleviate the suffering of the people deepened by the Saudi-led aggression on the country, Saba said.
Yemen has been suffering from acute fuel shortages for months due to the civil war sparked by the ouster of the UN-backed government by the Houthi militants.
The situation triggered in late March a Saudi-led military intervention part of which was a blockade on all Yemeni sea, land and air ports that forced all oil and gas projects to shut down.