A decree was issued on April 21 to establish a Foreign Exchange Supervisory Committee, headed by Vice President U Nyo Saw, to stabilize the exchange rate and effectively use foreign exchange. The committee consists of six members, including Vice President U Nyo Saw, and the Union Minister for Finance and Revenue, the Union Minister for Commerce, the Union Auditor General, the Governor of the Central Bank of Myanmar, and the Union Minister for National Planning, Investment and Foreign Economic Relations.