January 26, 2018 / 10:07 PM / 10 months ago

BRIEF-Moody's Changes Outlook On Zambia's B3 Rating To Stable From Negative, Affirms Rating​

Jan 26 (Reuters) - Moody’s:

* MOODY’S SAYS CHANGES OUTLOOK ON ZAMBIA’S B3 RATING TO STABLE FROM NEGATIVE, AFFIRMS RATING​

* MOODY’S SAYS ZAMBIA’S STABLE OUTLOOK REFLECTS REDUCED GOVERNMENT LIQUIDITY PRESSURES, SLOWDOWN IN GOVERNMENT DEBT ACCUMULATION WHICH MOODY’S EXPECTS TO CONTINUE

* MOODY’S SAYS ZAMBIA’S GRADUAL PROGRESS WITH FISCAL CONSOLIDATION IS HELPING TO CAP BORROWING NEEDS AND GRADUALLY RESTORE POLICY CREDIBILITY Source text for Eikon:

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