Abstract
The authors touched upon the importance of foreign debt, the impact of public debt on the stability of the country as a whole. The authors also considered the role of public debt for the country's economy, as well as the volume of public and guaranteed public debt of the Republic of Kazakhstan and the volume of the country's external debt by country. In this case, it is important to study this topic because in reality, an increase in public debt affects the financial stability of the state as a whole. Also, public debt occupies a multifaceted and significant place for the macroeconomic system of any state. Today, the formation, maintenance and repayment of public debt contributes to the general finances of the state, money turnover, investment climate and the development of international cooperation of the state. At the same time, currently the public debt of states around the world amounts to 70% of global GDP and this indicator has a negative impact on the international economy