The article analyzes public debt in Ukraine from 2015-2019, looking at how the government manages debt and the impact on the economy. It shows the breakdown of external and internal debt, the ratio of debt to GDP, and the role of the Debt Agency of Ukraine. The study suggests that controlling debt burden is a major challenge, and proposes strengthening control over borrowed funds and developing the internal capital market as solutions. It emphasizes the need for effective government policies in borrowing to cover budget deficits, but also highlights the importance of repaying debts and interest on time.