ENSURING UKRAINE’S DEBT SUSTAINABILITY UNDER THE CONDITIONS OF MARITAL STATE

The significance of addressing issues related to ensuring Ukraine's debt security lies in the formation of the very concept of debt sustainability. The relevance of the research lies in identifying Ukraine's debt sustainability against the backdrop of negative macroeconomic and political conditions. These challenges have a negative impact on the country's financial stability. The article explores the methods of forming Ukraine's total debt, with this public debt considered as the sum of all financial obligations that the government assumes to cover the budget deficit. It has been determined that Ukraine is experiencing a consistent trend of increasing its total public debt, mainly through borrowing on the foreign market. The consequences of attracting debt funds to finance the deficit of the State Budget of Ukraine are determined in the context of guaranteeing the financial stability of Ukraine. In this context, an analysis of the ratio of the total public debt to the GDP of Ukraine was carried out, which indicates an excess of the established norms. This situation leads to deterioration of the general economic situation of the country and its financial burden. In modern conditions, it is impossible to avoid attracting loans, therefore ensuring the stability of the debt market requires excellent management of public debt and revision of previously accrued debt obligations. These challenges have a negative impact on the country's financial stability. It was determined that in Ukraine there is a steady trend towards the growth of the general public debt, mainly due to the attraction of loans on the foreign market. The main challenges related to the growth of public debt and its impact on sustainability in this context include: increased risk of bankruptcy and default of the country; high cost of foreign loans and credits; significant pressure and influence of international organizations for decision-making is possible, even in case of conflict with national interests. To increase resilience to debt challenges, it is important to adopt a number of measures to manage the public debt and reach agreements with creditors to restructure part of the public debt.