Abstract
Public debt and public debt administration in recent years became significant economic problem of most countries. After the collapse of the Soviet Union, Kyrgyzstan has faced with public debt problem. Sharp decline of production, high level of unemployment and the need for economic and structural reforms during transition to market economy caused a large budget deficit.
 Budget deficit and public debt problems still remain as one of important macroeconomic issues in Kyrgyzstan. The purpose of our paper is to overview public debt politics and analyze public debt administration in Kyrgyzstan. Also to investigate legal framework of public debt, transparency, risks and effectiveness of public debt administration in Kyrgyzstan.
 
 
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