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The influence of Covid-19 on the Public Debt Growth and Default Risk: a Fiscal Sustainability analysis

This topic is relevant due to the fact that Georgia's public debt is increasing from year to year, and there is a lack of comprehensive research on the public debt management. The problem is how to assess whether or not the public debt is managed properly. The purpose of this article is to analyse and evaluate the Georgia public debt management by developing a public debt management assessment model. The paper deals improving mechanisms of State Debt management and determining its importance for economic development of the country. It is offered in the future decisions, related to Georgia public debt management, to take into account the burden of public debt to future generations.