The Cabinet will be holding consecutive sessions in order to approve the budget ahead of three international conferences in the coming months.
Government ministries and economic entities have been working with a management consulting firm to formulate a new economic vision.
Legal experts slam the Houthis' move to seize the financial assets of more than 1,000 opponents, saying it violates Yemen's constitution.
The decision to restore full access to the city's commercial centre will have a positive impact on the economy, experts tell Al-Mashareq.
The budget aims to 'normalise life' for Yemeni citizens through providing critical services and restoring public sector jobs, the government said.
The decline of Yemen's currency, which has fallen to an all-time low against the US dollar, is exacerbating the humanitarian crisis.
The kingdom has pledged to deposit $2 billion in the Central Bank of Yemen to support the stability of the currency and reconstruction efforts.
The economy has weathered political, economic and security crises before, and is well able to handle the premier's resignation, experts say.
Some believe the new taxes, ostensibly passed to fund a public sector salaries increase, are primarily designed to secure state revenue.
The crisis is dealing a massive blow to the country's economy and critical social services sector, according to a recent government report.