Марина А.С. к.е.н., доцент, доцент кафедри управління і фінансово-економічної безпеки ДВНЗ «Донецький національний технічний університет» Сервачук М.О. студент кафедри управління і фінансово-економічної безпеки ДВНЗ «Донецький національний технічний університет» One of the negative trends in the development of the global economic environment is the increase in the volume of "global debt". The existing imbalances in the socioeconomic development of countries, the reduction of restrictions on financial flows, as well as the inability of the governments of debtor countries to implement effective debt policies contribute to the further "twisting" of the debt spiral. Public debt management is an important element of the system for ensuring sustainable economic growth of the country. Today, most countries of the world use external borrowing to form the necessary volumes of financial resources necessary for the government to fulfill its functions. Ukraine, unfortunately, has been faced with the problem of implementing an effective debt policy almost since independence. Today, further financial borrowing of the country is due to the need to ensure the implementation of government programs for the development of promising industries and agriculture, innovative technologies and products, increasing the competitiveness of domestic products and domestic producers, helping to improve the socioeconomic situation in the crane and improving the general welfare of the population. Further increase in government borrowing necessitates the study of modern methods of public debt management to ensure a sufficient level of debt and economic security of the state. Thus, the search for the most effective methods and forms of public debt management helps to eliminate the negative consequences of borrowing policies, ensure the appropriate level of economic security of the country and fully implement economic development strategies. The paper analyzes the state debt of Ukraine, assesses the level of debt burden and debt security, identifies the positive and negative trends of the main indicators of the country's debt security, and explores approaches to the management of state obligations implemented by the Government in the framework of the Government Debt Management Strategy for 2019-2022. The analysis indicates the presence of both positive and negative trends in the management of public debt. One of the main positive aspects is the reduction in the share of external debt in the structure of state and state-guaranteed debt. The calculated values of the country's debt security sub-index also indicate an improvement in the state of public debt management in 2019.