Proceedings of the International scientific and practical conference ―Education and Scientific Progress‖ (April 24-26, 2026) / Publisher website: www.naukainfo.com. – Manchester, United Kingdom, 2026. - 218 p.

20 household and other support for the activities of the President of Ukraine, the National Security and Defense Council of Ukraine, and the Office of the President of Ukraine. With the beginning of the war, the norms of the Law of Ukraine "On the Legal Regime of Martial Law" came into force [2], which changed approaches to budget expenditure management. At the same time, restrictions on economic activity have created conditions for a significant imbalance, which has affected the reduction of gross domestic product production and investment inflows. In turn, this has led to a deepening of the budget deficit, making it more difficult to fulfill the financial obligations assumed, including payments on external debt. In this regard, the Ukrainian government has been forced to conduct an intensive search for sources of covering the budget deficit with the help of partner countries, international organizations, loans and grants, and the attraction of government bonds as an investment instrument. However, the use of financial resources, both on the domestic and external markets, leads to a significant increase in public debt, which affects fiscal sustainability and requires an appropriate response to the use of effective management measures to reduce the debt burden on the budget. In addition, Ukraine's dependence on debt borrowings leads to increased external financial impacts on the state. Therefore, a qualitative analysis and assessment of debt and the overall financial condition of the state is the basis for forming an effective policy on public debt management, ensuring the formation of sustainable dynamics of economic and financial stability, and increasing the well-being of citizens. The war caused a disruption in financial stability, in turn, public debt increased, and in conditions of limited financial resources, it is impossible to count on improving social standards, implementing high-quality social policies, or implementing important infrastructure projects or other initiatives relevant to citizens. With limited budgetary resources, a state at war is forced to spend on other measures, including strengthening the country's defense capabilities, as well as debt servicing.