Ensure de jure and de facto independence of the NBU. Enact legislation to strengthen the overall governance structure of the NBU; in particular, reform the NBU council, transforming it into a narrower technical body and revise the NBU Law as needed to address all safeguards-related weaknesses, as noted by the recent safeguards assessment.
At P1R1, this benchmark and test date modify the benchmark "Strengthen National Bank of Ukraine independence." At P1R2, test date modified to 9/30/2009.