Fiscal sustainability: analysis of factors and strategies for public debt management

The scientific article is devoted to the analysis of fiscal sustainability, with an emphasis on the relationship between the sustainability of fiscal policy and public debt. Key aspects are considered, including solvency, liquidity, realistic adjustment, and methods for analyzing debt load. Particular attention is paid to the influence of macroeconomic factors (interest rates, inflation, growth rates of gross domestic product) and the primary balance on the dynamics of public debt in both closed and open economies.